Options News
Jon Najarian Sees Unusual Option Activity in $CVS and $YNDX
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $CVS & $YNDX. In CVS, traders are selling over 20,000 of the June $52.50 puts for about $0.80. Jon sold these puts as well but reminded viewers that it involves high risk and is a “deep end of the pool” trade. In […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $CVS & $YNDX.
In CVS, traders are selling over 20,000 of the June $52.50 puts for about $0.80. Jon sold these puts as well but reminded viewers that it involves high risk and is a “deep end of the pool” trade.
In YNDX, traders bought 4,900 of the August $38 calls, for $2.85 and $2.95. Jon bought these calls and turned the trade into a spread with the August 40 strike against them.