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Pete Najarian Sees Unusual Options Activity In Bank Of America

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Pete Najarian Sees Unusual Options Activity In Bank Of America

On CNBC's "Fast Money Halftime Report", Pete Najarian spoke about unusually high options activity in Bank of America Corp (NYSE: BAC).

He said somebody decided to roll up some profits. The trader took profits in the December 27.50 calls and bought the December 28.50 calls.

See Also: Traders See Signs Of Rotation Into Financials Amid Nasdaq's Worst Day In Months

Najarian added that there was also a high options activity in Financial Select Sector SPDR Fund (NYSE: XLF) as 122,000 calls were bought.

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

 

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