Pete Najarian Sees Unusual Options Activity In eBay


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Pete Najarian spoke on CNBC's Fast Money Halftime Report about unusually high bullish options activity in eBay Inc (NASDAQ: EBAY).

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He said that over the last two weeks traders were buying the October 32 strike calls and October 32.5 strike calls. On Monday, he noticed more activity in the October 32 calls as somebody bought 6,000 contracts. Najarian believes that this is a sign of aggressive buying and he decided to follow the trade and buy call options in eBay. He is planning to hold the position for a week.


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.


Posted In: CNBCOptionsMarketsMediaFast Money Halftime ReportPete Najarian