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Pete Najarian Sees Unusual Option Activity in $AMD and $CRM

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $AMD & $CRM. In $AMD, traders are buying up more than 35,000 of the 27September $32 calls for $0.13 to $0.24. Pete bought these calls, and noted the attractive risk/reward. In $CRM, traders bought 8,000 of the October $170 calls for $0.36 […]

By Chris Sykora · September 23, 2019
Pete Najarian Sees Unusual Option Activity in $AMD and $CRM

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $AMD & $CRM.

In $AMD, traders are buying up more than 35,000 of the 27September $32 calls for $0.13 to $0.24. Pete bought these calls, and noted the attractive risk/reward.

In $CRM, traders bought 8,000 of the October $170 calls for $0.36 to $0.38. Pete bought these calls as well, noting he will be in them for about a month.