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Najarian Brothers See Unusual Option Activity in $KHC & $BX

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $KHC & $BX. Jon sees unusual activity in KHC, where 10,000 of the 18April $52.50 calls were bought for 1.55 as part of a bullish spread. Jon bought these calls. Pete is seeing long-dated unusual activity in BX, as traders purchased 31,100 of […]

By Chris Sykora · December 11, 2018
Najarian Brothers See Unusual Option Activity in $KHC & $BX

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

Jon sees unusual activity in KHC, where 10,000 of the 18April $52.50 calls were bought for 1.55 as part of a bullish spread. Jon bought these calls.

Pete is seeing long-dated unusual activity in BX, as traders purchased 31,100 of the January 2021 $40 calls for 2.35. Pete followed this activity, buying calls expiring in 2019.