Options News
Pete Najarian Sees Unusual Option Activity in $MRVL and $SNAP
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MRVL & $SNAP. In MRVL, traders are buying up more than 2,100 of the 14June $24.50 calls for $0.35 to $0.41. Pete bought these calls, noting the activity that has been hitting since March. In SNAP, traders bought 5,000 of the 26July […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $MRVL & $SNAP.
In MRVL, traders are buying up more than 2,100 of the 14June $24.50 calls for $0.35 to $0.41. Pete bought these calls, noting the activity that has been hitting since March.
In SNAP, traders bought 5,000 of the 26July $14 calls for $1.12 and $1.13. Pete bought these calls as well and plans to be in them for about a month and a half.