Market Overview

Pete Najarian Sees Unusual Activity In Toll Brothers And Snap


On CNBC's "Fast Money Halftime Report," Pete Najarian spoke about high options activity in Toll Brothers Inc (NYSE: TOL).

Options traders were buying the Oct. $40 calls on Tuesday. Around 3,000 contracts were traded and they paid between 45 and 75 cents for these calls. Najarian likes the trade and he decided to jump in.

He also noticed some activity in Snap Inc (NYSE: SNAP). A trader sold to close 7,500 contracts of the Oct. $17 calls and bought to open 7,500 contracts of the Oct. $18.50 calls. Najarian has a long position in the name.

Related Links:

Guggenheim Upgrades Snap, Says Long-Term Revenue Potential Is Underappreciated

Pete Najarian Sees Unusual Activity In AMD And Salesforce

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


Related Articles (TOL + SNAP)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Pure Global Cannabis Strikes Deal To Produce, Export CBD Products From Chinese Facility

Pelosi: House To Move Ahead With Trump Impeachment Inquiry