Pete Najarian Sees Unusual Options Activity In FireEye And Zoom


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Pete Najarian spoke on CNBC's "Fast Money Halftime Report," about stocks with unusually high options activity.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

He noticed bullish activity in FireEye Inc (NASDAQ:FEYE) on Wednesday as traders were buying calls that expire on Friday. They bought around 11,000 contracts of the July $13.50 calls for 40 cents. He followed the trade and he needs the stock to trade above $13.90 in the next two days.

Najarian said that traders were also buying the July $270 calls in Zoom Video Communications Inc (NASDAQ:ZM). They paid between $2.50 and $3 for them. There was also some bullish activity in this name on Monday as the July $260 calls were active. Najarian bought these calls as well.

Posted In: OptionsMarketsMediaCNBCFast Money Halftime ReportPete Najarian