Options News
Pete Najarian Sees Unusual Option Activity in $BAC & XLF
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $BAC & $XLF. In BAC, traders were buying up 7,300 of the 06April $31 calls from 0.26-0.34. Pete owns calls and stock in BAC but did not add this position. Pete is also seeing unusual activity in XLF, as traders purchased 10,000 of […]
By Chris Sykora · March 27, 2018
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $BAC & $XLF.
In BAC, traders were buying up 7,300 of the 06April $31 calls from 0.26-0.34. Pete owns calls and stock in BAC but did not add this position.
Pete is also seeing unusual activity in XLF, as traders purchased 10,000 of the September $29 calls for 0.98, while also selling puts. Pete bought the XLF.