Options News
Pete Najarian Sees Unusual Option Activity in $LOW & $BB
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $LOW and $BB. In LOW, he is seeing unusual activity in the October $95 calls, as traders bought 25,000 of them for 10.05. Pete is in the stock and this bullish activity in the options market gives him confidence in his position. Pete […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $LOW and $BB.
In LOW, he is seeing unusual activity in the October $95 calls, as traders bought 25,000 of them for 10.05. Pete is in the stock and this bullish activity in the options market gives him confidence in his position.
Pete is also seeing bullish activity in BB, where traders bought about 4,000 of the April $12.50 calls for about 0.75. Pete owns these calls and will be in them for a couple months.