Options News
Pete Najarian Sees Unusual Activity in $M
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in M. Today, traders were buying up very short term September calls, expiring this Friday, at the $22.5 strike. The stock has dipped recently, but 4,200 contracts were bought aggressively between $.23-.39. Pete is in these for a very short term trade.
By Chris Tsiolis · September 19, 2017
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in M.
Today, traders were buying up very short term September calls, expiring this Friday, at the $22.5 strike. The stock has dipped recently, but 4,200 contracts were bought aggressively between $.23-.39. Pete is in these for a very short term trade.
