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Pete Najarian Sees Unusual Option Activity in $SNAP and $SQ

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $SNAP and $SQ. In $SNAP, traders are buying up over 5,900 of the 27November $43 calls for $0.96 to $1.46. In $SQ, traders are buying up more than 7,500 of the 27November $200 calls for $2.70 to $4.40.

By Chris Sykora · November 20, 2020
Pete Najarian Sees Unusual Option Activity in $SNAP and $SQ

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $SNAP and $SQ.

In $SNAP, traders are buying up over 5,900 of the 27November $43 calls for $0.96 to $1.46.

In $SQ, traders are buying up more than 7,500 of the 27November $200 calls for $2.70 to $4.40.