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Jon Najarian Sees Unusual Option Activity in $SLV and $QQQ

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $SLV and $QQQ. In $SLV, traders are buying up over 10,750 of the April $16 calls for $1.47 to $1.56. Jon bought these calls and will be in them for about five months. In $QQQ, traders are buying up 19,624 of the […]

By Chris Sykora · August 23, 2019
Jon Najarian Sees Unusual Option Activity in $SLV and $QQQ

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $SLV and $QQQ.

In $SLV, traders are buying up over 10,750 of the April $16 calls for $1.47 to $1.56. Jon bought these calls and will be in them for about five months.

In $QQQ, traders are buying up 19,624 of the October $178 puts for $2.91 as part of a bearish spread. Jon also bought these puts and plans to hold them for two months.