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Jon Najarian Sees Unusual Option Activity in $MU and $NKE

On yesterday’s CNBC Halftime Report, Jon Najarian was seeing unusual option activity in $MU and $NKE, plus a Final Trade in $TWTR. In $MU, traders were buying up over 3,700 of the 27December $53 calls for $1.93 to $2.24. Jon bought these calls. In $NKE, traders were buying up 3,000 of the 27December $99 calls […]

By Chris Sykora · December 17, 2019
Jon Najarian Sees Unusual Option Activity in $MU and $NKE

On yesterday’s CNBC Halftime Report, Jon Najarian was seeing unusual option activity in $MU and $NKE, plus a Final Trade in $TWTR.

In $MU, traders were buying up over 3,700 of the 27December $53 calls for $1.93 to $2.24. Jon bought these calls.

In $NKE, traders were buying up 3,000 of the 27December $99 calls for $2.34. Jon bought these as well.

Lastly, Jon’s Final Trade was $TWTR, where 10,000 of the 27December $31 calls were bought for $0.38 to $0.45.