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Pete Najarian Sees Unusual Option Activity in $MSFT and $ASHR

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MSFT & $ASHR. In $MSFT, traders are buying up over 6,500 of the September $142 calls from $0.28 to $0.34. Pete bought these calls and plans to hold them for about a week, noting he also owns the stock. In $ASHR, traders […]

By Chris Sykora · September 12, 2019
Pete Najarian Sees Unusual Option Activity in $MSFT and $ASHR

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

In $MSFT, traders are buying up over 6,500 of the September $142 calls from $0.28 to $0.34. Pete bought these calls and plans to hold them for about a week, noting he also owns the stock.

In $ASHR, traders bought 25,860 of the 04October $29 calls for $0.34 as part of a bullish roll. Pete bought these calls as well, noting he will be in them for about a couple weeks.