Options News
Pete Najarian Sees Unusual Option Activity in $FCX and $XOP
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $FCX & $XOP. In FCX, traders are buying up 26,700 of the June $16 calls for $0.39 as part of a bullish roll. Pete owns FCX calls and plans to hold them for one to two months. In XOP, traders bought 10,000 […]
By Chris Sykora · April 17, 2019
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $FCX & $XOP.
In FCX, traders are buying up 26,700 of the June $16 calls for $0.39 as part of a bullish roll. Pete owns FCX calls and plans to hold them for one to two months.
In XOP, traders bought 10,000 of the June $33 calls for $1.29 as part of a bullish spread. Pete owns these calls and will be in them for a month or more.