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Jon Najarian Sees Unusual Option Activity in $SQ and $AMRN

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $SQ & $AMRN. In SQ, traders are buying nearly 6,000 of the 28June $64 calls, as part of a bullish roll, for $3.35. Jon added to his SQ position. In AMRN, traders bought 5,000 of the 31May $19 calls from $0.22 to […]

By Chris Sykora · May 24, 2019
Jon Najarian Sees Unusual Option Activity in $SQ and $AMRN

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $SQ & $AMRN.

In SQ, traders are buying nearly 6,000 of the 28June $64 calls, as part of a bullish roll, for $3.35. Jon added to his SQ position.

In AMRN, traders bought 5,000 of the 31May $19 calls from $0.22 to $0.27. Jon bought these calls and will be in them until Wednesday or Thursday of next week.