Options News
Jon Najarian Sees Unusual Option Activity in $MRVL & $BABA
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $MRVL and $BABA. Jon is seeing unusual activity in MRVL, where traders were buying 3,500 of the 11January $16.50 calls from 0.35 to 0.49. Jon bought these calls and plans to be in them for about five days. Jon also sees unusual activity […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $MRVL and $BABA.
Jon is seeing unusual activity in MRVL, where traders were buying 3,500 of the 11January $16.50 calls from 0.35 to 0.49. Jon bought these calls and plans to be in them for about five days.
Jon also sees unusual activity in BABA, where 4,000 of the February $155 calls were bought for 2.36. Jon also bought these calls and will be in the trade for about one month.