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Najarian Brothers See Unusual Option Activity in $ALB & $KO

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $ALB and $KO. Jon is seeing unusual activity in ALB, as traders purchased 2,500 of the November $105 calls for 1.58 as part of a bullish spread. Jon bought these calls and intends to hold them for about two weeks. Pete sees unusual […]

By Chris Sykora · October 31, 2018
Najarian Brothers See Unusual Option Activity in $ALB & $KO

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

Jon is seeing unusual activity in ALB, as traders purchased 2,500 of the November $105 calls for 1.58 as part of a bullish spread. Jon bought these calls and intends to hold them for about two weeks.

Pete sees unusual activity in KO, where 15,000 of the February $48 calls were bought for around 1.30 as part of a bullish roll. Pete owns KO stock.