Options News
Pete Najarian Sees Unusual Option Activity in $LOW & $XLF
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $LOW and $XLF. Pete is seeing unusual activity in LOW, as traders purchased 5,600 of the 26October $115 calls for 0.68 to 0.90. Pete owns LOW stock. Pete also sees unusual activity in XLF, as traders purchased 50,000 of the November $29 calls for 0.36 as part […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $LOW and $XLF.
Pete is seeing unusual activity in LOW, as traders purchased 5,600 of the 26October $115 calls for 0.68 to 0.90. Pete owns LOW stock.
Pete also sees unusual activity in XLF, as traders purchased 50,000 of the November $29 calls for 0.36 as part of a bullish roll, likely from the November $28 calls which Pete noted were traded on Tuesday. Pete bought these calls and plans to be in them to see their expiration.