Options News
Jon Najarian Sees Unusual Option Activity in $RL
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $RL. Jon is seeing unusual activity in RL, where traders were buying 4,000 of the November $130 calls for 2.36 as part of a bullish spread. Jon bought these calls and plans to hold them for a week, reminding that if they were to lose […]
By Chris Sykora · November 6, 2018
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $RL.
Jon is seeing unusual activity in RL, where traders were buying 4,000 of the November $130 calls for 2.36 as part of a bullish spread. Jon bought these calls and plans to hold them for a week, reminding that if they were to lose half of their value, discipline would get him out of the trade.