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Jon Najarian Sees Unusual Option Activity in $PGR and $JD

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $PGR & $JD. In PGR, traders are buying up over 5,000 of the May $80 calls for $0.40 to $0.60. Jon bought these calls and plans to hold them almost to their expiration. In JD, traders bought 5,000 of the June $32 […]

By Chris Sykora · May 1, 2019
Jon Najarian Sees Unusual Option Activity in $PGR and $JD

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $PGR & $JD.

In PGR, traders are buying up over 5,000 of the May $80 calls for $0.40 to $0.60. Jon bought these calls and plans to hold them almost to their expiration.

In JD, traders bought 5,000 of the June $32 calls, as part of a bullish roll, for $1.39.