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Pete Najarian Sees Unusual Option Activity in $MAS & $GLD

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MAS & $GLD. In MAS, traders were buying up 3,400 of the May $42 calls from 1.15-1.30. Pete owns MAS calls and plans to hold them from one to two weeks. Pete is also seeing unusual activity in GLD, as traders purchased about […]

By Chris Sykora · April 17, 2018
Pete Najarian Sees Unusual Option Activity in $MAS & $GLD

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MAS & $GLD.

In MAS, traders were buying up 3,400 of the May $42 calls from 1.15-1.30. Pete owns MAS calls and plans to hold them from one to two weeks.

Pete is also seeing unusual activity in GLD, as traders purchased about 38,500 of the May $131 calls for 0.79 as part of a spread. Pete owns GLD calls and intends to hold them from one to two weeks as well.