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Pete Najarian Sees Unusual Option Activity in $JPM & $EEM

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $JPM and $EEM. Pete is seeing unusual activity in JPM, as traders purchased about 3,000 of the October $120 calls for 2.69. Pete owns JPM calls. Pete is also seeing unusual activity in EEM, where 45,000 of the December $48.50 calls were bought for 0.62 to 0.63. […]

By Chris Sykora · July 30, 2018
Pete Najarian Sees Unusual Option Activity in $JPM & $EEM

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

Pete is seeing unusual activity in JPM, as traders purchased about 3,000 of the October $120 calls for 2.69. Pete owns JPM calls.

Pete is also seeing unusual activity in EEM, where 45,000 of the December $48.50 calls were bought for 0.62 to 0.63. Pete bought the December calls, while noting that there was also unusual activity in the form of 15,000 October $46 calls bought for 0.94 to 0.95.