Options News
Pete Najarian Sees Unusual Option Activity in $KRE and $MRVL
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $KRE & $MRVL. In KRE, traders are buying up 10,000 of the May 55 calls for $1.80 as part of a bullish combo, selling an equivalent amount of downside puts. Pete bought these calls while also noting unusual activity at the 18April […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $KRE & $MRVL.
In KRE, traders are buying up 10,000 of the May 55 calls for $1.80 as part of a bullish combo, selling an equivalent amount of downside puts. Pete bought these calls while also noting unusual activity at the 18April 55 strike.
In MRVL, traders bought over 10,000 of the 29March 22.50 calls for $0.20 to $0.28. Pete also bought these calls.