Options News
Pete Najarian Sees Unusual Option Activity in $MLCO & $BBBY
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MLCO and $BBBY. Pete is seeing unusual activity in MLCO, as traders purchased 3,000 of the August $24 calls for 0.80 to 0.82 as part of a bullish spread. Pete owns MLCO stock and noted that the company does report its earnings tomorrow morning before […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MLCO and $BBBY.
Pete is seeing unusual activity in MLCO, as traders purchased 3,000 of the August $24 calls for 0.80 to 0.82 as part of a bullish spread. Pete owns MLCO stock and noted that the company does report its earnings tomorrow morning before the opening bell.
Pete is also seeing unusual activity in BBBY, where 6,000 of the 31August $21.50 calls were bought for 0.17 as part of a bullish spread as well.