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Jon Najarian Sees Unusual Option Activity in $FTI and $CPE

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $FTI and $CPE. In FTI, traders are buying up 4,000 of the October $27 calls for $1.35. Jon bought these calls. In CPE, traders are buying up 5,000 of the September $6 calls for $0.30 as part of a bullish roll. Jon […]

By Chris Sykora · July 23, 2019
Jon Najarian Sees Unusual Option Activity in $FTI and $CPE

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $FTI and $CPE.

In FTI, traders are buying up 4,000 of the October $27 calls for $1.35. Jon bought these calls.

In CPE, traders are buying up 5,000 of the September $6 calls for $0.30 as part of a bullish roll. Jon also bought these calls and plans to hold them from one to two months.