Options News
Jon Najarian Sees Unusual Option Activity in $PEP & $PSA
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $PEP and $PSA. Jon is seeing unusual activity in PEP, where traders were buying 7,500 of the June $115 calls for 4.20. Jon bought these calls and plans to be in them from thirty to sixty days. Jon also sees unusual activity in […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $PEP and $PSA.
Jon is seeing unusual activity in PEP, where traders were buying 7,500 of the June $115 calls for 4.20. Jon bought these calls and plans to be in them from thirty to sixty days.
Jon also sees unusual activity in PSA, where 5,000 of the June $210 calls were bought for 9.40. Jon bought these calls as well and turned the trade into a spread.