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Najarian Brothers See Unusual Option Activity in $XLNX & $TPX

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $XLNX and $TPX. Pete is seeing unusual activity in XLNX, as traders purchased 3,500 of the March 120.00 calls for $2.43 as part of a bullish spread. Pete bought these calls. Jon is seeing unusual activity in TPX, as traders purchased 5,000 of […]

By Chris Sykora · February 12, 2019
Najarian Brothers See Unusual Option Activity in $XLNX & $TPX

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $XLNX and $TPX.

Pete is seeing unusual activity in XLNX, as traders purchased 3,500 of the March 120.00 calls for $2.43 as part of a bullish spread. Pete bought these calls.

Jon is seeing unusual activity in TPX, as traders purchased 5,000 of the February 55.00 calls for $1.45, also as part of a bullish spread. Jon noted that this name reports earnings Thursday, Feb. 14 morning, and that he bought these calls, planning to hold them for a couple of days.