Options News
Pete Najarian Sees Unusual Option Activity in $MRVL and $OXY
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MRVL & $OXY. In MRVL, traders are buying up over 11,000 of the May $28 calls for $0.16 to $0.27. Pete rolled his MRVL calls. In OXY, traders bought 10,000 of the June $65 calls for $1.75 as part of a bullish […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MRVL & $OXY.
In MRVL, traders are buying up over 11,000 of the May $28 calls for $0.16 to $0.27. Pete rolled his MRVL calls.
In OXY, traders bought 10,000 of the June $65 calls for $1.75 as part of a bullish spread, as well as 16,500 of the June $70 calls for $1.01 and $1.02 as part of a bullish roll. Pete rolled his position from yesterday as those calls have already tripled.