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Najarian Brothers See Unusual Option Activity in $P & $FNV

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $P and $FNV. Pete is seeing unusual activity in P, as traders purchased 8,000 of the 05October $9 calls for 0.58 as part of a bullish roll, among several other contracts. Pete bought these calls while also citing that there was other unusual […]

By Chris Sykora · August 30, 2018
Najarian Brothers See Unusual Option Activity in $P & $FNV

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

Pete is seeing unusual activity in P, as traders purchased 8,000 of the 05October $9 calls for 0.58 as part of a bullish roll, among several other contracts. Pete bought these calls while also citing that there was other unusual activity in P calls yesterday as well.

Jon sees unusual activity in FNV, where 10,000 of the October $65 calls were purchased for 2.15 to 2.75. Jon bought these calls and will probably be in them for about thirty days.