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Najarian Brothers See Unusual Option Activity in $LB, $MET & $LK

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $LB, $MET and $LK plus Final Trades in $REZI and $BABA. Pete is seeing unusual activity in $LB as traders purchased 11,000 of the 13December $20 calls for $0.15 to $0.30. Pete bought these calls and noted they expire next Friday. […]

By Chris Sykora · December 5, 2019
Najarian Brothers See Unusual Option Activity in $LB, $MET & $LK

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $LB, $MET and $LK plus Final Trades in $REZI and $BABA.

Pete is seeing unusual activity in $LB as traders purchased 11,000 of the 13December $20 calls for $0.15 to $0.30. Pete bought these calls and noted they expire next Friday.

Pete also sees unusual activity in $MET, where traders were buying 5,100 of the December $49 calls for $0.77 to $0.83. Pete also bought these calls.

Jon lastly sees unusual activity in $LK, where traders were buying 2,700 of the December $32 calls for $0.75. Jon bought these calls and will be in them for two weeks.

Pete and Jon’s Final Trades were $REZI and $BABA, respectively.