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Pete Najarian Sees Unusual Option Activity in $V & $TGT

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $V and $TGT. Pete is seeing unusual activity in V, as traders purchased over 2,000 of the 25January $144 calls for 1.60. Pete bought these calls, noting that its current price level has proven to be defended in the past. Pete also sees unusual activity […]

By Chris Sykora · December 14, 2018
Pete Najarian Sees Unusual Option Activity in $V & $TGT

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

Pete is seeing unusual activity in V, as traders purchased over 2,000 of the 25January $144 calls for 1.60. Pete bought these calls, noting that its current price level has proven to be defended in the past.

Pete also sees unusual activity in TGT, as traders purchased 3,800 of the January $75 calls for 0.46 to 0.59. Pete bought these calls as well.