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Pete Najarian Sees Unusual Option Activity in $GE, $TWTR and $CONE

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $GE, $TWTR & $CONE. In GE, traders are bearish after earnings, buying up more than 42,500 of the September $9 puts for $0.06 to $0.09. In TWTR, traders are buying up 3,500 of the 02August $44 calls from $0.08 to $0.15. In […]

By Chris Sykora · July 31, 2019
Pete Najarian Sees Unusual Option Activity in $GE, $TWTR and $CONE

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

In GE, traders are bearish after earnings, buying up more than 42,500 of the September $9 puts for $0.06 to $0.09.

In TWTR, traders are buying up 3,500 of the 02August $44 calls from $0.08 to $0.15.

In CONE, traders bought 9,953 of the September $65 calls for $0.35 as part of a bullish spread. The long call trade breaks even with the shares of CyrusOne over $$65.35.