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Jon Najarian Sees Unusual Option Activity in $SQ & $DAL

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $SQ & $DAL. Jon is seeing unusual activity in SQ, as traders purchased 5,900 of the July $60 calls from 1.50-1.77. Jon bought these calls and plans to hold them for about a month to six weeks. In DAL, traders were buying up […]

By Chris Sykora · May 8, 2018
Jon Najarian Sees Unusual Option Activity in $SQ & $DAL

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

Jon is seeing unusual activity in SQ, as traders purchased 5,900 of the July $60 calls from 1.50-1.77. Jon bought these calls and plans to hold them for about a month to six weeks.

In DAL, traders were buying up 3,900 of the May $54 calls for about 0.25. Jon bought these calls and will be in them for about a week.