Options News
Jon Najarian Sees Unusual Option Activity in $DHI & $WFC
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $DHI and $WFC. Jon is seeing unusual activity in DHI, as traders purchased over 15,000 of the July $42.50 calls for around 0.75. Jon bought these calls and may roll his position to an upside strike to protect some of his profits, should the stock […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $DHI and $WFC.
Jon is seeing unusual activity in DHI, as traders purchased over 15,000 of the July $42.50 calls for around 0.75. Jon bought these calls and may roll his position to an upside strike to protect some of his profits, should the stock continue to move.
Jon sees unusual activity in WFC, where 5,400 of the 27July $57 calls were being purchased for around 0.70. Jon owns WFC calls, and notes the company reports earnings tomorrow before the open.