Options News
Pete Najarian Sees Unusual Option Activity in $AMGN & $XOP with @jimcramer
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $AMGN and $XOP. Pete is seeing unusual activity in AMGN, as traders purchased 5,600 of the 03August $195 calls for 2.90 to 4.10, while also noting that there was unusual activity in the $200 strike as well. Pete owns AMGN calls. Jim commented that the […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $AMGN and $XOP.
Pete is seeing unusual activity in AMGN, as traders purchased 5,600 of the 03August $195 calls for 2.90 to 4.10, while also noting that there was unusual activity in the $200 strike as well. Pete owns AMGN calls. Jim commented that the company’s CGRP migraine prevention drug is the first of its kind with positive results.
Pete is also seeing unusual activity in XOP, where 16,250 of the August $47 calls were bought for 0.62 as part of a bullish roll. Pete owns XOP calls.