Options News
Jon Najarian Sees Unusual Option Activity in $MU
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $MU, plus updates on $SKX, $GDX and $ALLY. In MU, traders are buying up over 10,000 of the August $49 calls for $0.53 to 0.60. Jon bought these calls and plans to be in them for a couple of weeks. Jon also […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $MU, plus updates on $SKX, $GDX and $ALLY.
In MU, traders are buying up over 10,000 of the August $49 calls for $0.53 to 0.60. Jon bought these calls and plans to be in them for a couple of weeks.
Jon also updated his trade in SKX from July 16, as those calls tripled today.
Jon then updated his June 5 trade in GDX, as those calls have returned more than 900%!
And lastly, Jon updated ALLY, which his brother Pete noted July 11, commenting that those calls have more than doubled in value, since the call.