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Jon Najarian Sees Unusual Option Activity in $AAL & $AMAT

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $AAL and $AMAT. Jon is seeing unusual activity in AAL, where traders were buying about 10,000 of the January $46 calls for around 1.35. Jon bought these calls and will likely be in them through Labor Day. Jon also sees unusual bullish activity in AMAT, […]

By Chris Sykora · July 31, 2018
Jon Najarian Sees Unusual Option Activity in $AAL & $AMAT

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

Jon is seeing unusual activity in AAL, where traders were buying about 10,000 of the January $46 calls for around 1.35. Jon bought these calls and will likely be in them through Labor Day.

Jon also sees unusual bullish activity in AMAT, where 5,800 of the October $55 calls were being purchased for around 0.85. Jon bought these calls and plans to hold them through Labor Day as well.

Jon also updated the trade in DE from July 13, noting that those calls moved to the upside today, with the stock up around seven points higher.