Options News
Najarian Brothers See Unusual Option Activity in $PZZA, $WMB & $SYMC
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $PZZA, $WMB and $SYMC. Jon is seeing unusual activity in PZZA, as over 5,000 of the October $45 calls were bought from 1.25 to 1.40. Jon bought these calls and noted that he would sell an upside strike against his position on continued […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $PZZA, $WMB and $SYMC.
Jon is seeing unusual activity in PZZA, as over 5,000 of the October $45 calls were bought from 1.25 to 1.40. Jon bought these calls and noted that he would sell an upside strike against his position on continued strength in the underlying.
Jon is also seeing unusual option activity in WMB, where 3,900 of the 10August $31.50 calls were bought for mostly 0.56. Jon owns WMB calls.
Pete also sees unusual activity in SYMC, in the October $20 calls, as 3,700 were bought for about 0.70. Pete bought these calls and will have them for at least a couple of months.