Options News
Pete Najarian Sees Unusual Option Activity in $BAC and $M
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $BAC & $M. In $BAC, traders are buying more than 6,200 of the 13December $34.50 calls for $0.09 to $0.11. Pete owns BAC stock and bought these calls, noting additional bullish activity in other strikes in the name today with the stock […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $BAC & $M.
In $BAC, traders are buying more than 6,200 of the 13December $34.50 calls for $0.09 to $0.11. Pete owns BAC stock and bought these calls, noting additional bullish activity in other strikes in the name today with the stock near decade highs.
In $M, traders bought 7,500 of the 06December $15.50 calls for $0.24 to $0.40. Pete bought these calls as well and noted the short interest in the name.