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Pete Najarian Sees Unusual Option Activity in $INTC & $AIG

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $INTC and $AIG. In INTC, Pete is seeing unusual activity in the July $52.50 calls, as traders bought 5,000 for 2.18. This follows the May call buying that he pointed out yesterday. Pete owns INTC calls. Pete also sees bullish activity in AIG, noting […]

By Chris Sykora · February 28, 2018
Pete Najarian Sees Unusual Option Activity in $INTC & $AIG

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

In INTC, Pete is seeing unusual activity in the July $52.50 calls, as traders bought 5,000 for 2.18. This follows the May call buying that he pointed out yesterday. Pete owns INTC calls.

Pete also sees bullish activity in AIG, noting that 5,000 of the 23March $60 calls were bought for right around 0.50. Pete is in these calls and plans to hold them for one to three weeks.