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Pete Najarian Sees Unusual Options Activity In Cisco and Iqiyi

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Pete Najarian Sees Unusual Options Activity In Cisco and Iqiyi

On CNBC’s “Fast Money Halftime Report,” Pete Najarian mentioned he bought calls in Cisco (NASDAQ: CSCO) at the $38 strike that expires on Nov. 20. He said he’ll be in the stock through earnings.

He also mentioned he bought IQIYI (NASDAQ: IQ) calls at the $23.50 strike that expires on Oct. 30. He also mentioned people were buying the October $24 calls.

 

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Posted-In: CNBC Pete NajarianOptions Markets Media