Options News
Pete Najarian Sees Unusual Option Activity in $VFC & $WMB
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $VFC & $WMB. In VFC, traders were buying up 6,000 of the May $77.50 calls for 2.50. Pete bought the stock using the bullish call buying and upcoming earnings as his catalyst. Pete is also seeing unusual activity in WMB, as traders purchased […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $VFC & $WMB.
In VFC, traders were buying up 6,000 of the May $77.50 calls for 2.50. Pete bought the stock using the bullish call buying and upcoming earnings as his catalyst.
Pete is also seeing unusual activity in WMB, as traders purchased 5,000 of the 27April $26 calls from 0.25-0.31, as part of a complex bullish spread. Pete bought these calls.