Options News
Jon Najarian Sees Unusual Option Activity in $WMT & $SNE
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $WMT and $SNE. Jon is seeing unusual activity in WMT, where traders were buying 8,700 of the October $95 calls for 2.73 as part of a bullish spread against the October $97.50 strike calls. Jon bought these calls and plans to be in them for […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $WMT and $SNE.
Jon is seeing unusual activity in WMT, where traders were buying 8,700 of the October $95 calls for 2.73 as part of a bullish spread against the October $97.50 strike calls. Jon bought these calls and plans to be in them for about a month.
Jon also sees unusual bullish activity in SNE, where 4,000 of the October $55 calls were purchased for 2.20 as part of a bullish roll. Jon owns SNE calls.
Jon also updated the trade in TNDM from August 17, noting that those calls moved to the upside today and yesterday, noting that he took some of the position off.