Options News
Pete Najarian Sees Unusual Option Activity in $OIH
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $OIH. Traders were buying 23,000 of the OIH July $32 calls for $0.85-0.88. The large call buyers think that the growth in energy names may not yet be done and traders are looking for growth in the services sector. Pete is long these […]
By Chris Sykora · January 29, 2018
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $OIH.
Traders were buying 23,000 of the OIH July $32 calls for $0.85-0.88. The large call buyers think that the growth in energy names may not yet be done and traders are looking for growth in the services sector. Pete is long these calls and plans to hold them for a few months.