Options News
Pete Najarian Sees Unusual Option Activity in $GE
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $GE. Pete sees unusual bearish activity in GE, as traders purchased 115,000 of the 08March 9 puts for $0.11 and $0.12 as part of a bearish spread. Pete bought these puts. Pete also updated the trade in CLF from yesterday, stating that those February 12.50 […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $GE.
Pete sees unusual bearish activity in GE, as traders purchased 115,000 of the 08March 9 puts for $0.11 and $0.12 as part of a bearish spread. Pete bought these puts.
Pete also updated the trade in CLF from yesterday, stating that those February 12.50 calls had more than tripled on the back of the company’s earnings report and that he was scaling out of the trade.