Options News
Najarian Brothers See Unusual Option Activity in $PENN, $MGM & $BHGE
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $PENN $MGM and $BHGE. In PENN, Jon Najarian is seeing unusual activity in the May $29 calls, as traders bought 5,100 of them for 0.75-0.90. Jon bought these calls and will be in them about three weeks. Jon is also seeing […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $PENN $MGM and $BHGE.
In PENN, Jon Najarian is seeing unusual activity in the May $29 calls, as traders bought 5,100 of them for 0.75-0.90. Jon bought these calls and will be in them about three weeks.
Jon is also seeing unusual activity in MGM, where traders bought about 7,500 of the May $35 calls for 1.52. Jon will be in these calls from two to three weeks.
Pete Najarian is seeing unusual activity in BHGE, as 8,000 of the May $34 calls were bought for 0.65, rolled up and out from April $31 calls.