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Jon Najarian Sees Unusual Option Activity in $TEVA and $BOX

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $TEVA & $BOX. In TEVA, traders are buying up 3,200 of the May $15 calls for $0.48 and $0.49. Jon bought these calls and plans to hold them from two weeks to a month, noting the company’s drug pipeline. In BOX, traders […]

By Chris Sykora · April 22, 2019
Jon Najarian Sees Unusual Option Activity in $TEVA and $BOX

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $TEVA & $BOX.

In TEVA, traders are buying up 3,200 of the May $15 calls for $0.48 and $0.49. Jon bought these calls and plans to hold them from two weeks to a month, noting the company’s drug pipeline.

In BOX, traders bought 5.000 of the May $21 calls for around $0.20. Jon bought these calls and plans to hold them for two weeks to one month as well.