Healthcare
PFE
Pfizer Inc.
Income from Pfizer (PFE) using covered calls and cash secured puts. High dividend yield with affordable share price for beginners.
Monthly Premium1.5-2.5%
Annualized Return18-30%
Stock Price$26-30
IV RankModerate (30-50)
Options LiquidityExcellent
Dividend Yield5.8%
Why PFE for Covered Calls & Cash Secured Puts?
PFE offers one of the highest dividend yields in big pharma combined with accessible share price (~$2,800 for 100 shares). Perfect for beginners wanting healthcare income exposure.
Example Covered Call Trade
PFECovered Call
Strike Price$30 (7% OTM)
Expiration30 days
Premium$0.55 per share
Return If Flat2.0% ($55)
Return If Called8.9% ($255) + dividend
Keep Probability70% keep shares
Recommended Strategy for PFE
Excellent for beginners with the wheel. Sell calls 5-7% OTM monthly while collecting the high dividend.
Risks to Consider
- COVID revenue cliff
- Patent expirations
- Drug development failures
- Competition from generics
Analyze PFE Covered Calls Now
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