Options News
Pete Najarian Sees Unusual Option Activity in $MRVL & $TGT
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MRVL and $TGT. Pete is seeing unusual activity in MRVL, as traders purchased 5,000 of the 26October $19.50 calls for 0.71 to 0.72. Pete bought these calls, citing the company’s growth strategy. Pete also sees unusual activity in TGT, as traders purchased 2,218 of […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MRVL and $TGT.
Pete is seeing unusual activity in MRVL, as traders purchased 5,000 of the 26October $19.50 calls for 0.71 to 0.72. Pete bought these calls, citing the company’s growth strategy.
Pete also sees unusual activity in TGT, as traders purchased 2,218 of the October $92.50 calls for 1.34 as part of a bullish spread, and rolled up and out from the September 87.50 calls. Pete bought TGT calls and already owns the stock.