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Jon Najarian Sees Unusual Option Activity in $SNE and $TNDM

On yesterday’s CNBC Halftime Report, Jon Najarian was seeing unusual option activity in $SNE and $TNDM. Jon was seeing unusual activity in SNE, where traders were buying 5,000 of the September $55 calls for 1.15, as part of a bullish roll. Jon bought these calls and plans to be in them for two to three weeks. Jon also […]

By Chris Sykora · August 18, 2018
Jon Najarian Sees Unusual Option Activity in $SNE and $TNDM

On yesterday’s CNBC Halftime Report, Jon Najarian was seeing unusual option activity in $SNE and $TNDM.

Jon was seeing unusual activity in SNE, where traders were buying 5,000 of the September $55 calls for 1.15, as part of a bullish roll. Jon bought these calls and plans to be in them for two to three weeks.

Jon also saw unusual bullish activity in TNDM, where 2,999 of the September $30 calls were purchased from 4.95-5.03. Jon bought these calls and has already sold a higher strike against them, turning the trade into a spread.