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Pete Najarian Sees Unusual Option Activity in $EEM, $GS & $C

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $EEM. $GS and $C. Pete is seeing unusual activity in EEM, as traders purchased 73,750 of the December $46 calls for 0.91 as part of a bullish spread, and a roll-up from a lower strike. Pete bought these calls and plans to hold them […]

By Chris Sykora · August 27, 2018
Pete Najarian Sees Unusual Option Activity in $EEM, $GS & $C

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $EEM. $GS and $C.

Pete is seeing unusual activity in EEM, as traders purchased 73,750 of the December $46 calls for 0.91 as part of a bullish spread, and a roll-up from a lower strike. Pete bought these calls and plans to hold them for a few months.

Pete also sees unusual activity in GS, as traders purchased 4,000 of the 31August $242.50 calls from 0.23 up to 1.43 as part of a bullish spread as well. Pete bought these calls.

In another financial, Pete is seeing unusual option activity in C, as 2,400 of the 31August $72.50 calls were bought from 0.15 to 0.32.