Options News
Pete Najarian Sees Unusual Option Activity in $WEN
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $WEN, plus an update on $UAA. In $WEN, traders are buying up 5,400 of the October $21 calls for $0.19 to $0.25. Pete bought these calls, while noting the activity at the January 20 call strike shortly after. Pete also updated his […]
On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $WEN, plus an update on $UAA.
In $WEN, traders are buying up 5,400 of the October $21 calls for $0.19 to $0.25. Pete bought these calls, while noting the activity at the January 20 call strike shortly after.
Pete also updated his trade in $UAA from Wednesday, noting that while those calls doubled quickly, he continued to trim and is now out of the position.