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Jon Najarian Sees Unusual Option Activity in $TWLO & $MYL

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $TWLO and $MYL. Jon is seeing unusual activity in TWLO, where traders were buying 5,000 of the January $70 calls for 5.70 as part of a vertical spread. Jon bought these calls and will likely be in them for several months. Jon also sees unusual […]

By Chris Sykora · August 3, 2018
Jon Najarian Sees Unusual Option Activity in $TWLO & $MYL

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

Jon is seeing unusual activity in TWLO, where traders were buying 5,000 of the January $70 calls for 5.70 as part of a vertical spread. Jon bought these calls and will likely be in them for several months.

Jon also sees unusual bullish activity in MYL, where 6,700 of the January $40 calls were purchased for 2.19. Jon bought these calls and will utilize their earnings report to dictate how long he will hold them.