Options News
Najarian Brothers See Unusual Option Activity in $QRVO, $ZNGA & $IQ
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $QRVO, $ZNGA and $IQ. Jon sees unusual activity in QRVO, where 3,250 of the May $80 calls were bought for 1.10. Jon bought these calls and plans to be in them for sixty days. Jon also sees unusual bullish activity in ZNGA, where […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $QRVO, $ZNGA and $IQ.
Jon sees unusual activity in QRVO, where 3,250 of the May $80 calls were bought for 1.10. Jon bought these calls and plans to be in them for sixty days.
Jon also sees unusual bullish activity in ZNGA, where 5,700 of the June $4.50 calls were purchased for 0.35 to 0.44. Jon bought these calls also and plans to be in them for about two months.
Pete is seeing seeing unusual activity in IQ, as traders purchased 7,000 of the February $20 calls for 0.52-0.62. Pete bought these calls by rolling-up a previous position initiated on the back of unusual activity.