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Najarian Brothers See Unusual Option Activity in $XLF & $CFX

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $XLF and $CFX. Jon sees unusual activity in XLF, as traders purchased 25,500 of the May 27 calls for $0.35 and $0.36. Jon bought these calls and will be in them for about forty-five days. Pete is seeing unusual activity in […]

By Chris Sykora · March 13, 2019
Najarian Brothers See Unusual Option Activity in $XLF & $CFX

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

Jon sees unusual activity in XLF, as traders purchased 25,500 of the May 27 calls for $0.35 and $0.36. Jon bought these calls and will be in them for about forty-five days.

Pete is seeing unusual activity in CFX, as traders purchased 5,000 of the 18April 30 calls for $0.45, as part of a bullish roll. Pete bought these calls and noted the out-performance of a previous trade in the name found by Investitute’s market scanners.