Options News
Pete Najarian Sees Unusual Option Activity in $DVN & $CAKE
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $DVN and $CAKE. Pete is seeing unusual activity in DVN, as traders purchased 50,000 of the January $50 calls for 2.33 as part of a bullish roll. Pete bought these calls and will be in them for at least a couple of months. Pete is […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $DVN and $CAKE.
Pete is seeing unusual activity in DVN, as traders purchased 50,000 of the January $50 calls for 2.33 as part of a bullish roll. Pete bought these calls and will be in them for at least a couple of months.
Pete is also seeing unusual activity in CAKE, where 5,000 of the January $60 calls were bought for 3.10 as part of another bullish roll. Pete also bought these calls and plans to be in them for a few months.