Options News
Jon Najarian Sees Unusual Option Activity in $MT & $SQ
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $MT and $SQ. Jon is seeing unusual activity in MT, where traders were buying 6,000 of the December $24 calls for 0.60 to 0.70. Jon bought these calls, noting that they were hitting the same contracts yesterday. He plans to be in them trade from […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $MT and $SQ.
Jon is seeing unusual activity in MT, where traders were buying 6,000 of the December $24 calls for 0.60 to 0.70. Jon bought these calls, noting that they were hitting the same contracts yesterday. He plans to be in them trade from ten days to two weeks.
Jon also sees unusual activity in SQ, where over 9,000 of the January $75 calls were purchased for 3.20 as part of a bullish spread. Jon bought these calls as well and plans to be in them for about a month.