Options News
Jon Najarian Sees Unusual Option Activity in $IWM & $MIK
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $IWM & $MIK. Jon is seeing unusual activity in IWM, as traders purchased 10,000 of the August $168 calls for 2.21. Jon bought these calls and will be in them for about a month. In MIK, traders were buying up 3,000 of the June $20 calls for […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $IWM & $MIK.
Jon is seeing unusual activity in IWM, as traders purchased 10,000 of the August $168 calls for 2.21. Jon bought these calls and will be in them for about a month.
In MIK, traders were buying up 3,000 of the June $20 calls for 0.45. Jon bought these calls and plans to be in them for one week, noting that the company reports earnings on June 14.
Jon also provided an update on EBAY, which his brother Pete cited just yesterday, noting that today, those 08June $39 calls were trading 400% higher from yesterday’s entry.