Options News
Pete Najarian Sees Unusual Option Activity in $ARNC & $FXI
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $ARNC and $FXI. Pete is seeing unusual activity in ARNC, as traders purchased 5,000 of the December $22 calls for 1.43 to 1.45. Pete bought these calls and plans to hold them through to December, noting there has been continuous bullish paper in the name. […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $ARNC and $FXI.
Pete is seeing unusual activity in ARNC, as traders purchased 5,000 of the December $22 calls for 1.43 to 1.45. Pete bought these calls and plans to hold them through to December, noting there has been continuous bullish paper in the name.
Pete also sees unusual activity in FXI, as traders purchased 8,000 of the November $41.50 calls for 0.71 as part of a bullish spread. Pete bought these calls.