Pete Najarian: This Gaming Tech Stock Just Keeps Going Higher – International Game Technology (IGT)

On CNBC’s “Halftime Report,” dealer Pete Najarian mentioned there was some “uncommon exercise” within the choices marketplace for International Game Technology PLC (NYSE:IGT)
“This is a reputation that’s hit on a number of events over the past couple of months,” Najarian identified. The inventory has been “proper, proper, proper this complete experience to the upside,” he commented. The inventory started on the decrease finish of the $20s vary and has risen near $31, he added.
A purchaser purchased virtually 10,000 of the January 33 strike requires about $2.50. “I’ve been out and in of IGT on a number of events,” Najarian mentioned. He added that the standard choices exercise simply retains on coming and the inventory “simply retains on going to the upside.”