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Pete Najarian Sees Unusual Option Activity in $DVN & $AMD

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $DVN & $AMD. Pete is seeing unusual activity in DVN, as traders purchased 7,500 of the May $42 calls from 0.43-0.51. Pete bought these calls and noted to keep an eye on them as they expire at the end of the week. In […]

By Chris Sykora · May 14, 2018
Pete Najarian Sees Unusual Option Activity in $DVN & $AMD

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

Pete is seeing unusual activity in DVN, as traders purchased 7,500 of the May $42 calls from 0.43-0.51. Pete bought these calls and noted to keep an eye on them as they expire at the end of the week.

In AMD, traders were buying up 12,000 of the October $14 calls from 0.81-0.84. Pete bought these calls and plans to hold them up until October.