Options News
Najarian Brothers See Unusual Option Activity in $PDD & $SIRI
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $PDD and $SIRI. Jon is seeing unusual activity in PDD, as traders bought 5,250 of the October $21 calls for $2.05 to $2.15. The trade breaks even with the shares of Pinduoduo around $23.10, and Jon bought these calls,planning to be […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $PDD and $SIRI.
Jon is seeing unusual activity in PDD, as traders bought 5,250 of the October $21 calls for $2.05 to $2.15. The trade breaks even with the shares of Pinduoduo around $23.10, and Jon bought these calls,planning to be in them for at least a month.
Pete sees unusual activity in SIRI, as traders purchased over 12,500 of the August $6 calls for $0.29 to $0.34. Pete bought these calls and will be in them for about a week, noting the company reports earnings on July 30th before the opening bell.