Options News
Najarian Brothers See Unusual Option Activity in $NFLX, $MAS & $BAC
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $NFLX, $MAS and $BAC. Jon sees unusual activity in NFLX, in the December $270 calls, as 10,000 were bought for 72.80 as part of a bullish roll. Jon bought these calls and stated that he will sell covered calls against the position […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $NFLX, $MAS and $BAC.
Jon sees unusual activity in NFLX, in the December $270 calls, as 10,000 were bought for 72.80 as part of a bullish roll. Jon bought these calls and stated that he will sell covered calls against the position over time.
Jon is also seeing unusual activity in MAS, as 4,000 of the June $38 calls were bought from 0.70-0.80. Jon bought these calls and will be in them for about one month.
Pete is seeing unusual option activity in BAC, where over 20,000 of the July $31 calls were bought from 1.00-1.22. Pete owns BAC stock and calls and used this as an indicator to add to his stock position.