← Back to News

Options News

Jon Najarian Sees Unusual Option Activity in $BX and $LK

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $BX and $LK. In $BX, traders are buying up 3,000 of the December $49 calls for $1.63. Jon bought these calls and will be in them for two to three months. In $LK, traders bought nearly 1,000 of the October $18 calls […]

By Chris Sykora · October 3, 2019
Jon Najarian Sees Unusual Option Activity in $BX and $LK

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $BX and $LK.

In $BX, traders are buying up 3,000 of the December $49 calls for $1.63. Jon bought these calls and will be in them for two to three months.

In $LK, traders bought nearly 1,000 of the October $18 calls for $0.90 to $1.10. Jon bought these as well and will hold them for a couple of weeks, noting the relatively heavy volume in the name.