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Pete Najarian Sees Unusual Option Activity in $GE

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $GE. Pete is seeing unusual activity in GE, as traders purchased 92,000 of the January $12 puts for 0.77 as part of a bearish spread and roll. Pete bought these puts and noted that he will be out of the trade via discipline if […]

By Chris Sykora · October 18, 2018
Pete Najarian Sees Unusual Option Activity in $GE

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

Pete is seeing unusual activity in GE, as traders purchased 92,000 of the January $12 puts for 0.77 as part of a bearish spread and roll. Pete bought these puts and noted that he will be out of the trade via discipline if it performs and doubles.