Market Overview

Pete Najarian Sees Unusual Options Activity In Dollar Tree


On CNBC's Fast Money Halftime Report, Pete Najarian spoke about options trading volume in Dollar Tree, Inc. (NASDAQ: DLTR).

When the stock was trading at $78, Najarian noticed that somebody bought 4,400 contracts of the May 82.50 calls. They were trading between $3.10 and $3.60 in the first half of the session, which sets the breakeven for the trade between $85.60 and $86.10 or around 10 percent above the market price at the time of the purchase.

Najarian is also bullish on Dollar Tree, but he decided to buy the stock and sell calls against his long position.

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


Related Articles (DLTR)

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

Does Take-Two's Latest Acquisition Mark The End Of M&A In Mobile Gaming?

Steel Stocks Move In Sympathy After Cliffs Q4 Beat