Options News
Najarian Brothers See Unusual Option Activity in $KWEB, $FCX & $KMI
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $KWEB, $FCX and $KMI. Jon is seeing bearish unusual activity in $KWEB, as traders purchased 7,500 of the August $41.74 puts for $2.15. Jon bought these puts and will be in them until about the first week of August. Pete is […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $KWEB, $FCX and $KMI.
Jon is seeing bearish unusual activity in $KWEB, as traders purchased 7,500 of the August $41.74 puts for $2.15. Jon bought these puts and will be in them until about the first week of August.
Pete is seeing unusual activity in $FCX, as traders purchased 4,500 of the June $10 calls for $0.73 and $0.74.
Pete is also seeing unusual upside activity in $KMI, where the bulls are buying 8,000 of the July $21 calls for $0.30. Pete noted he will buy these calls, and that Richard Kinder, the company’s co-founder, continues to buy shares.