Options News
Pete Najarian Sees Unusual Option Activity in $GIS and $MMP
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $GIS & $MMP. In $GIS, traders are buying 2,000 of the February $52.50 calls for $1.33 to $1.56 as well as 4,000 of the February $55 calls for $0.49 to $0.64. Pete owns GIS stock and bought the February $55 calls. In […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $GIS & $MMP.
In $GIS, traders are buying 2,000 of the February $52.50 calls for $1.33 to $1.56 as well as 4,000 of the February $55 calls for $0.49 to $0.64. Pete owns GIS stock and bought the February $55 calls.
In $MMP, traders bought 4,600 of the February $65 calls for $0.40 to $0.55. Pete bought these calls and noted that there was unusual bullish activity in the same contract during yesterday’s session as well.