Options News
Najarian Brothers See Unusual Option Activity in $ARNC, $PG & $LVS
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $ARNC, $PG and $LVS. Pete sees unusual activity in ARNC, where 10,000 of the December $20 calls were bought for 1.24. Pete bought these calls and will hold them for six to seven weeks. Jon is seeing seeing unusual activity in PG, as […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $ARNC, $PG and $LVS.
Pete sees unusual activity in ARNC, where 10,000 of the December $20 calls were bought for 1.24. Pete bought these calls and will hold them for six to seven weeks.
Jon is seeing seeing unusual activity in PG, as traders purchased 10,000 of the January $95 calls for 1.68 to 1.76 as part of a bullish roll. Jon and Pete both bought these calls, and Jon plans to be in the trade for about a month.
Jon also sees unusual activity in LVS, in the form of 8,500 January $52.50 calls being bought from 2.75 to 3.00. Jon bought these calls as well.