Options News
Pete Najarian Sees Unusual Option Activity in $BAC & $AMD
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $BAC & $AMD. Pete is seeing unusual activity in BAC, as traders purchased 10,000 of the 25May $31.50 calls from 0.33-0.37. Pete owns BAC stock and calls and this activity adds to his long conviction. In AMD, traders were buying up 29,000 of […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $BAC & $AMD.
Pete is seeing unusual activity in BAC, as traders purchased 10,000 of the 25May $31.50 calls from 0.33-0.37. Pete owns BAC stock and calls and this activity adds to his long conviction.
In AMD, traders were buying up 29,000 of the January $13 calls for 0.86. Pete bought these calls and plans to hold them through to January to let them move.