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Jon Najarian Sees Unusual Option Activity in $BABA and $PBI

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $BABA and $PBI. In $BABA, traders are buying 35,000 of the 31December $235 calls for $1.76 to $2.52. In $PBI, traders are buying up over 10,000 of the February $5 calls for $0.85.

By Chris Sykora · December 29, 2020
Jon Najarian Sees Unusual Option Activity in $BABA and $PBI

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

In $BABA, traders are buying 35,000 of the 31December $235 calls for $1.76 to $2.52.

In $PBI, traders are buying up over 10,000 of the February $5 calls for $0.85.