Benzinga

Why Pete Najarian Just Bought Call Options In Nvidia And Netflix

Market Rebellion co-founder Pete Najarian bought calls in NVIDIA Corp (NASDAQ: NVDA) and Netflix Inc (NASDAQ: NFLX) after seeing other traders pile into the names, he said on CNBC’s “Fast Money Halftime Report.” As soon as the markets opened Tuesday, Najarian noticed many of the big tech stocks were getting bought up. Nvidia caught his eye after noticing high volume in short-dated call options. People were buying the $202 and $205 strikes, Najarian noted, adding that these weren’t call spreads,

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