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Jon Najarian Sees Unusual Option Activity in $BYD & $NCLH

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $BYD & $NCLH. Jon is seeing unusual activity in BYD, as traders purchased 4,000 of the May $35 calls for 0.89, as part of a spread. Jon bought these calls and plans to hold them from two to four weeks. In NCLH, traders […]

By Chris Sykora · April 5, 2018
Jon Najarian Sees Unusual Option Activity in $BYD & $NCLH

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $BYD & $NCLH.

Jon is seeing unusual activity in BYD, as traders purchased 4,000 of the May $35 calls for 0.89, as part of a spread. Jon bought these calls and plans to hold them from two to four weeks.

In NCLH, traders were buying up 3,500 of the May $57.50 calls from 0.80-1.00, as part of a spread also. Jon bought these calls and turned them into a spread, planning to hold them from two to four weeks as well.