Options News
Pete Najarian Sees Unusual Option Activity in $NKE and $VALE
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $NKE and $VALE. In $NKE, Pete is seeing unusual unusual activity, as on Tuesday, traders were buying up 26,000 of the January $150 calls for $2.05, noting that some hedging occurred around it, however he has bought the calls. In $VALE, traders […]
By Chris Sykora · December 18, 2020
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $NKE and $VALE.
In $NKE, Pete is seeing unusual unusual activity, as on Tuesday, traders were buying up 26,000 of the January $150 calls for $2.05, noting that some hedging occurred around it, however he has bought the calls.
In $VALE, traders are buying up more than 40,000 of the March $21 calls for $0.48 to $0.50.