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Pete Najarian Sees Unusual Option Activity in $DPZ and $MPC

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $DPZ & $MPC. In $DPZ, traders are buying 2,033 of the December $270 calls for $12.00 as part of a bullish roll. Pete bought these calls and will be in them for about two months. In $MPC, traders bought 30,000 of the […]

By Chris Sykora · October 31, 2019
Pete Najarian Sees Unusual Option Activity in $DPZ and $MPC

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $DPZ & $MPC.

In $DPZ, traders are buying 2,033 of the December $270 calls for $12.00 as part of a bullish roll. Pete bought these calls and will be in them for about two months.

In $MPC, traders bought 30,000 of the January $70 calls for $1.88. Pete noted that these calls were also spread against the January $75 calls and that he owns the stock and calls.