Options News
Najarian Brothers See Unusual Option Activity in $BBBY, $GNTX & $SE
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $BBBY, $GNTX and $SE. Pete is seeing unusual bullish activity in $BBBY, as traders purchased 5,500 of the 29November $14 calls for $0.36 to $0.49. Pete owns BBBY calls and plans to hold them for one to two weeks. Jon is […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $BBBY, $GNTX and $SE.
Pete is seeing unusual bullish activity in $BBBY, as traders purchased 5,500 of the 29November $14 calls for $0.36 to $0.49. Pete owns BBBY calls and plans to hold them for one to two weeks.
Jon is seeing unusual activity in $GNTX as traders purchased some 6,500 of the December $30 calls for $0.25 to $0.45. Jon bought these calls, noted their attractive risk/reward, and plans to be in them for almost a full month.
Jon lastly is seeing unusual activity in $SE as traders purchased 15,000 of the December $40 calls for about $0.45, noting past call buyers have been right in the name.