Trading Insights
Pete’s Pumping Out The Plays With All-New UOA
Market Rebellion Co-Founder Pete Najarian is back at it again, taking to CNBC’s Halftime Report yesterday to follow the smart money into four stocks that are frequent flyers on our Unusual Options Activity service. Those stocks are Pinterest ($PINS), Snapchat ($SNAP), Wynn Resorts ($WYNN), and Monster Beverage ($MNST). Pinterest had particularly interesting activity… Nearly three million dollars worth! […]
Market Rebellion Co-Founder Pete Najarian is back at it again, taking to CNBC’s Halftime Report yesterday to follow the smart money into four stocks that are frequent flyers on our Unusual Options Activity service. Those stocks are Pinterest ($PINS), Snapchat ($SNAP), Wynn Resorts ($WYNN), and Monster Beverage ($MNST).
Pinterest had particularly interesting activity… Nearly three million dollars worth! When we see 18,000 call options bought in a single purchase, we start to pay attention – that’s 1.8 million share equivalent! When we see that those 18,000 contracts were bought above an open interest of just 328 contracts we start sounding the alarm!
This is the sort of unusual option activity that Jon and Pete are famous for. Listen to what Pete had to say below.
#UnusualActivity with @PeteNajarian pic.twitter.com/IYNdalZKBz
— CNBC Halftime Report (@HalftimeReport) November 15, 2021
Learn how you can use the power of unusual options activity to conquer any market. Click here to download our Insider’s Guide to Trading UOA.