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Pete Najarian Sees Unusual Option Activity in $ANF and $VALE

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $ANF & $VALE. In $ANF, traders are buying 2,500 of the November $18 calls for $0.32 as part of a bullish roll. Pete noted the short interest in the shares of ANF and bought these calls, planning to be in them through […]

By Chris Sykora · October 28, 2019
Pete Najarian Sees Unusual Option Activity in $ANF and $VALE

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

In $ANF, traders are buying 2,500 of the November $18 calls for $0.32 as part of a bullish roll. Pete noted the short interest in the shares of ANF and bought these calls, planning to be in them through the November expiration.

In $VALE, traders bought more than 7,800 of the December $14 calls for $0.10 to $0.11. Pete bought these calls as well and plans to be in them for about a month.