Options News
Jon Najarian Sees Unusual Option Activity in $TGT and $SE
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $TGT & $SE. In TGT, traders are buying over 6,800 of the June $90 calls from $0.71 to $1.00. Jon bought these calls and plans to be in them for two to three weeks. In SE, traders are buying up 4,700 of […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $TGT & $SE.
In TGT, traders are buying over 6,800 of the June $90 calls from $0.71 to $1.00. Jon bought these calls and plans to be in them for two to three weeks.
In SE, traders are buying up 4,700 of the July $34 calls for $1.20 to $1.35. The calls break even with the shares of Sea Limited above around $35.35 before their expiration, and Jon also bought these calls, noting that he intends to be in the trade for about two to three weeks as well.