Market Overview

Pete Najarian Sees Unusual Options Activity In ASHR, QQQ And Nike


Pete Najarian spoke on CNBC's "Fast Money Halftime Report" about stocks with unusually high options activity in the first half of the trading session on Monday.

He noticed options traders were buying the June 29 calls in Xtrackers Harvest CSI 300 China A-Shares ETF (NYSE: ASHR). Around 2,500 contracts were traded early in the session and traders were paying around 60 cents for them. The trade breaks even at $29.60.

See Also: Lyft Options Trader Makes Bullish Bet Ahead Of Earnings

Invesco QQQ Trust (NASDAQ: QQQ) was also pretty active. Around 20,000 contracts of the May 190 calls were traded for $1.70 in the first half, which sets the breakeven for the trade at $191.70.

Nike Inc. (NYSE: NKE) was trading sharply lower early in the session, but options traders were aggressively buying the May 84 calls, said Najarian.


Related Articles (QQQ + ASHR)

View Comments and Join the Discussion!

Posted-In: CNBC Fast Money Halftime Report Pete NajarianOptions Markets Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at