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Jon Najarian Sees Unusual Option Activity in $UAA & $KSU

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $UAA & $KSU. Jon is seeing unusual activity in UAA, as traders purchased 4,000 of the 04May $19 calls from 0.54-0.60. Jon bought these calls and intends to hold for two weeks. In KSU, traders were buying up 2,500 of the May $115 […]

By Chris Sykora · April 4, 2018
Jon Najarian Sees Unusual Option Activity in $UAA & $KSU

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

Jon is seeing unusual activity in UAA, as traders purchased 4,000 of the 04May $19 calls from 0.54-0.60. Jon bought these calls and intends to hold for two weeks.

In KSU, traders were buying up 2,500 of the May $115 calls from 1.65-2.30. Jon bought these calls and plans to be in them anywhere from two weeks to a full month.