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Jon Najarian Sees Unusual Option Activity in $ATVI & $XLU

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $ATVI and $XLU. Jon is seeing unusual activity in ATVI, where traders were buying 5,000 of the 09November $65.50 calls for 2.14 to 2.20. Jon bought these calls and plans to hold them through the week. Jon also sees unusual activity in XLU, where over […]

By Chris Sykora · November 5, 2018
Jon Najarian Sees Unusual Option Activity in $ATVI & $XLU

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

Jon is seeing unusual activity in ATVI, where traders were buying 5,000 of the 09November $65.50 calls for 2.14 to 2.20. Jon bought these calls and plans to hold them through the week.

Jon also sees unusual activity in XLU, where over 9,000 of the 09November $54 calls were purchased for 0.28 to 0.31. Jon bought these calls as well.