Options News
Jon Najarian Sees Unusual Option Activity in $PFE and $SIRI
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $PFE & $SIRI. In PFE, traders are buying up 9,200 of the May 43 calls for $0.70 to $0.72 as part of a bullish combo, selling downside puts as well. Jon bought these calls and will be in them for about thirty […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $PFE & $SIRI.
In PFE, traders are buying up 9,200 of the May 43 calls for $0.70 to $0.72 as part of a bullish combo, selling downside puts as well. Jon bought these calls and will be in them for about thirty days.
In SIRI, traders bought over 15,000 of the May 6 calls for $0.28 to $0.32. Jon bought these calls as well and noted the high, 15% short interest as a potential catalyst for a squeeze.