Options News
Jon Najarian Sees Unusual Option Activity in $BB and $PSTG
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $BB & $PSTG. In BB, traders are buying over 9,500 of the June $8.50 calls from $0.19 to $0.23. Jon bought these calls and plans to hold them through Wednesday or Thursday of next week. In PSTG, traders are bearish, buying up […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $BB & $PSTG.
In BB, traders are buying over 9,500 of the June $8.50 calls from $0.19 to $0.23. Jon bought these calls and plans to hold them through Wednesday or Thursday of next week.
In PSTG, traders are bearish, buying up 10,000 of the July $15 puts for $0.50. Jon also bought these puts, noting he’ll be in them from two weeks to a month.
Jon then updated his position in $GDX, noting that he took off half of his position due to discipline, with the strong move it’s had.