Options News
Jon Najarian Sees Unusual Option Activity in $MGM
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $MGM. Jon is seeing unusual activity in MGM, as traders purchased 10,000 of the March $29 calls for 1.75 as part of a bullish spread. Jon owns MGM calls and plans to hold them for a couple of months, citing the positive trends in Vegas […]
By Chris Sykora · September 6, 2018
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $MGM.
Jon is seeing unusual activity in MGM, as traders purchased 10,000 of the March $29 calls for 1.75 as part of a bullish spread. Jon owns MGM calls and plans to hold them for a couple of months, citing the positive trends in Vegas but also notes the question marks regarding China and Macau.