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Pete Najarian Sees Unusual Option Activity in $PBR

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $PBR, plus an update on $FIS. In $PBR, traders are buying up 2,000 of the 08November $17.50 calls for $0.10 to $0.11. Pete bought these calls and will be in them for a short period of time, as they expire in one […]

By Chris Sykora · November 1, 2019
Pete Najarian Sees Unusual Option Activity in $PBR

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $PBR, plus an update on $FIS.

In $PBR, traders are buying up 2,000 of the 08November $17.50 calls for $0.10 to $0.11. Pete bought these calls and will be in them for a short period of time, as they expire in one week.

Pete also updated his trade in $FIS from Oct. 23, noting that those calls have doubled and that to be disciplined he has closed out of the position.