Market Overview

My goal is to be on stage with my computer and let you
see my screen and make sure you know what buttons to
press, where you’re getting in & out, how to calculate
risk, your targets — all of those things.
It’s real-life trading. Make sure you sign up!
- Jerremy Newsome

Pete Najarian Sees Unusual Options Activity In KWEB


Pete Najarian spoke on CNBC's "Fast Money Halftime Report" about unusually high options activity in KraneShares CSI China Internet ETF (NYSE: KWEB).

See Also: Uber Options Traders Make Aggressive Bullish Bets On Near-Term Bounce

He noticed some aggressive options buying in the name right at the opening of the session. He said somebody bought 3,000 contracts of the July 45 calls for around 50 cents. The trade breaks even at $45.50 or 13.38 percent above the current market price. Najarian thinks the trade has a great risk-reward and he decided to buy these calls. He is planning to hold the position for a month.

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


Related Articles (KWEB)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial

Insider Weekends: Jay Hoag Purchases Zillow Shares Despite Recent Run-up

All The Updates, Features Apple Showed Off At WWDC 2019: Dark Mode, MacOS Catalina And More