Options News
Jon Najarian Sees Unusual Option Activity in $CREE & $ON
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $CREE & $ON. In CREE, traders were buying up 5,000 of the May $44 calls. Jon bought these calls and will be in them for a couple of months. Jon is also seeing unusual activity in ON, where 4,300 of the March $25 […]
By Chris Sykora · March 6, 2018
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $CREE & $ON.
In CREE, traders were buying up 5,000 of the May $44 calls. Jon bought these calls and will be in them for a couple of months.
Jon is also seeing unusual activity in ON, where 4,300 of the March $25 calls were bought from 0.40-0.85. Jon will be in these for two to three days.