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Pete Najarian Sees Unusual Option Activity in $GE and $SE

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $GE & $SE. In GE, traders are buying up 135,000 the March 9.50 puts for $0.08 as part of a bearish spread. In SE, traders bought 10,000 of the May 22.50 calls from $1.75 to $1.80 as part of a bullish roll. […]

By Chris Sykora · February 28, 2019
Pete Najarian Sees Unusual Option Activity in $GE and $SE

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

In GE, traders are buying up 135,000 the March 9.50 puts for $0.08 as part of a bearish spread.

In SE, traders bought 10,000 of the May 22.50 calls from $1.75 to $1.80 as part of a bullish roll. Pete bought these calls.