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Pete Najarian Sees Unusual Option Activity in $PAYX and $FL

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $PAYX & $FL. In PAYX, traders are buying up 3,300 of the July $85 calls for $0.65 to $1.00. Pete bought these calls, and will be in the trade for about a couple of weeks. In FL, traders bought 4,000 of the July […]

By Chris Sykora · July 5, 2019
Pete Najarian Sees Unusual Option Activity in $PAYX and $FL

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

In PAYX, traders are buying up 3,300 of the July $85 calls for $0.65 to $1.00. Pete bought these calls, and will be in the trade for about a couple of weeks.

In FL, traders bought 4,000 of the July $43 calls from $0.39 to $0.50. Pete bought these calls as well and plans to be in them a couple of weeks, noting the unusual activity at the same expiry, $44 strike, as well.