Options News
Najarian Brothers See Unusual Option Activity in $VMW, $MGM & $MU
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $VMW, $MGM and $MU. Jon sees unusual activity in VMW, in the July $155 calls, as over 4,000 were bought from 3.80-3.90. Jon bought these calls and stated that he sold some calls above them to decrease his exposure to theta. Pete […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $VMW, $MGM and $MU.
Jon sees unusual activity in VMW, in the July $155 calls, as over 4,000 were bought from 3.80-3.90. Jon bought these calls and stated that he sold some calls above them to decrease his exposure to theta.
Pete is seeing unusual option activity in MGM, where 10,000 of the May $33.50 calls were bought for 0.53. Pete bought these calls and plans to hold them for about one to two weeks.
Pete is also seeing unusual activity in MU, as 2,000 of the 25May $54.50 calls were bought for 1.45. Pete bought these calls and will be in them from one to weeks.