Options News
Pete Najarian Sees Unusual Option Activity in $MSFT & $XLI
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MSFT & $XLI. Pete is seeing unusual activity in MSFT, as traders purchased about 3,300 of the May $95 calls for 1.57. Pete owns MSFT stock and calls. In XLI, traders were buying up 10,000 of the May $71 puts for 1.03. Pete […]
By Chris Sykora · May 1, 2018
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MSFT & $XLI.
Pete is seeing unusual activity in MSFT, as traders purchased about 3,300 of the May $95 calls for 1.57. Pete owns MSFT stock and calls.
In XLI, traders were buying up 10,000 of the May $71 puts for 1.03. Pete bought these puts and plans to be in them for at least three to four weeks.