Options News
Jon Najarian Sees Unusual Option Activity in $STAY & $GPRE
On today’s CNBC Halftime Report, Jon Najarian sees unusual option activity in $STAY and $GPRE. Jon sees unusual activity in STAY, where traders were buying 7,000 of the July 20 calls from $0.80 to $1.05. Jon bought these calls and noted that if the stock continues to move, he may roll his position and turn it […]
On today’s CNBC Halftime Report, Jon Najarian sees unusual option activity in $STAY and $GPRE.
Jon sees unusual activity in STAY, where traders were buying 7,000 of the July 20 calls from $0.80 to $1.05. Jon bought these calls and noted that if the stock continues to move, he may roll his position and turn it into a spread.
Jon also sees unusual activity in GPRE, where 3,000 of the 18April 18 calls were bought for $0.35 as part of a bullish roll. Jon bought these calls also and will be in them from about two weeks to a month.