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Jon Najarian Sees Unusual Option Activity in $HON & $CAG

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $HON and $CAG. Jon is seeing unusual activity in HON, where traders were buying 6,700 of the October $167.50 calls for 1.90 as part of a bullish spread, selling the October $175 calls against the lower strike. Jon bought these calls. Jon also sees unusual […]

By Chris Sykora · September 26, 2018
Jon Najarian Sees Unusual Option Activity in $HON & $CAG

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

Jon is seeing unusual activity in HON, where traders were buying 6,700 of the October $167.50 calls for 1.90 as part of a bullish spread, selling the October $175 calls against the lower strike. Jon bought these calls.

Jon also sees unusual bullish activity in CAG, where 4,000 of the December $37 calls were purchased for 1.15. Jon bought these calls as well.