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Jon Najarian Sees Unusual Option Activity in $DO & $TWX

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $DO & $TWX. Jon is seeing unusual activity in DO, as traders purchased 5,200 of the June $22.50 calls for 0.20. Jon bought these calls and plans to hold them for about two weeks. In TWX, traders were buying up 20,000 of the July $92.50 calls for […]

By Chris Sykora · May 18, 2018
Jon Najarian Sees Unusual Option Activity in $DO & $TWX

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

Jon is seeing unusual activity in DO, as traders purchased 5,200 of the June $22.50 calls for 0.20. Jon bought these calls and plans to hold them for about two weeks.

In TWX, traders were buying up 20,000 of the July $92.50 calls for 4.75 as part of a complex spread. Jon bought these calls and plans to hold them to July.