Options News
Pete Najarian Sees Unusual Option Activity in $SPY and $GILD
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $SPY & $GILD. In $SPY, traders are buying 30,000 of the 26February $320 puts for $0.97 to $1.00 . Pete bought these puts and noted buying protection when you can, not when you have to. In $GILD, traders bought 11,000 of the […]
By Chris Sykora · February 6, 2020
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $SPY & $GILD.
In $SPY, traders are buying 30,000 of the 26February $320 puts for $0.97 to $1.00 . Pete bought these puts and noted buying protection when you can, not when you have to.
In $GILD, traders bought 11,000 of the April $80 calls for $0.76 to $1.12. Pete also bought these calls.