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Pete Najarian Sees Unusual Option Activity in $KWEB

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $KWEB. In KWEB, traders are buying up 3,000 of the July $45 calls for $0.50. Pete bought these calls and plans to hold them for about a month. Pete then updated some Unusual Option Activity in Advanced Micro Devices (AMD) from May […]

By Chris Sykora · June 3, 2019
Pete Najarian Sees Unusual Option Activity in $KWEB

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

In KWEB, traders are buying up 3,000 of the July $45 calls for $0.50. Pete bought these calls and plans to hold them for about a month.

Pete then updated some Unusual Option Activity in Advanced Micro Devices (AMD) from May 30 and noted that since those calls had nearly doubled, he had to practice discipline and take some of the position off.