Najarian Brothers See Unusual Options Activity In Marathon Petroleum, Gold And Sea Limited

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On
CNBC's "Fast Money Halftime Report,"
Pete Najarian spoke about unusually high options activity in
Marathon Petroleum CorpMPC
. He noticed that traders were buying the November $65 calls in the name. Around 5,000 contracts were traded in the first half of the session. Pete Najarian owns calls and shares in
Marathon Petroleum
. Close to 6,000 contracts of the March $149 calls in
SPDR Gold TrustGLD
were traded in the first half of the session on Tuesday, said Pete Najarian. Traders are also selling upside calls in the name, to make a call spread. Jon Najarian said on the show that somebody started buying the November $32 calls in
Sea LtdSE
. He likes the stock and he decided to follow the trade. He is going to hold the position for a month.
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Posted In: OptionsMarketsMediaCNBCFast Money Halftime ReportJon NajarianPete Najarian
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