On CNBC's Fast Money Halftime Report, Pete Najarian spoke about unusually high call options trading activity in Walt Disney Co DIS.
He said that over 12,000 contracts of the February 105 calls were purchased on Tuesday for $0.90. The trade breaks even at $105.90 or approximately 6.3 percent above the current stock price. Najarian decided to follow the trade. He was already in the stock and he bought call options in Disney on Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in