Options News
Jon Najarian Sees Unusual Option Activity in $BUD & $ETE
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $BUD and $ETE. Jon is seeing unusual activity in BUD, where traders were buying 5,800 of the October $95 calls for 0.56. Jon bought these calls and plans to be in them for about a month. Jon also sees unusual bullish activity in ETE, where […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $BUD and $ETE.
Jon is seeing unusual activity in BUD, where traders were buying 5,800 of the October $95 calls for 0.56. Jon bought these calls and plans to be in them for about a month.
Jon also sees unusual bullish activity in ETE, where 5,000 of the January $18 calls were purchased for 0.71 to 0.77. Jon bought these calls and views them more as an investment, noting he’ll be in them for the long run.