Pete Najarian Sees Unusual Options Activity In Yelp


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Pete Najarian spoke on CNBC's "Fast Money Halftime Report" about unusually high options volume in Yelp Inc (NYSE:YELP).

He said that somebody bought 5,000 contracts of the July 32 calls in the first half of the session for around 50 cents. The trade breaks even at $32.50 or 4.47 percent above the current market price. Najarian followed the trade and he's planning to hold the position to the expiration.


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.


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Posted In: CNBCOptionsMarketsMediaFast Money Halftime ReportPete Najarian