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Pete Najarian Sees Unusual Option Activity in $VMW & $XOM

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $VMW and $XOM. In VMW, he is seeing unusual activity in the April $135 calls, as traders bought 4,400 of them for 4.70. Pete is in the stock and is in these calls. Pete is also seeing bullish activity in XOM, where traders […]

By Chris Sykora · February 26, 2018
Pete Najarian Sees Unusual Option Activity in $VMW & $XOM

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

In VMW, he is seeing unusual activity in the April $135 calls, as traders bought 4,400 of them for 4.70. Pete is in the stock and is in these calls.

Pete is also seeing bullish activity in XOM, where traders bought about 5,600 of the March $75 calls from 3.20-3.65. Pete owns XOM calls and stock.