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Najarian Brothers See Unusual Option Activity in $GILD & $PG

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $GILD and $PG . Pete Najarian is seeing activity in GILD, where traders bought up almost 10,000 of the March $85 calls for 2.20. Pete likes the bullish call buying and the potential for M&A activity by Gilead. He is in […]

By Chris Sykora · February 7, 2018
Najarian Brothers See Unusual Option Activity in $GILD & $PG

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

Pete Najarian is seeing activity in GILD, where traders bought up almost 10,000 of the March $85 calls for 2.20. Pete likes the bullish call buying and the potential for M&A activity by Gilead. He is in the stock, and these calls, which he plans to hold for a month.

Jon Najarian is seeing more call buying in PG, following the February trade yesterday. Today, traders bought up 11,000 of the April $87.50 calls for 0.83. He owns these calls and will be in them for about one month.