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Jon Najarian Sees Unusual Option Activity in $SNAP and $PINS

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $SNAP and $PINS. In $SNAP, traders are buying up over 7,500 of the 23October $28.50 calls for $2.05. In $PINS, traders are buying up 2,300 of the 30October $50 calls for $1.59 to $2.11.

By Chris Sykora · October 19, 2020
Jon Najarian Sees Unusual Option Activity in $SNAP and $PINS

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

In $SNAP, traders are buying up over 7,500 of the 23October $28.50 calls for $2.05.

In $PINS, traders are buying up 2,300 of the 30October $50 calls for $1.59 to $2.11.