Options News
Jon Najarian Sees Unusual Option Activity in $XLE and $DWDP
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $XLE & $DWDP. In XLE, traders are buying 50,000 of the January $55 puts, as part of a bearish roll, for $1.84. Jon bought these puts and noted that he will be in the position until at least through June, when OPEC […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $XLE & $DWDP.
In XLE, traders are buying 50,000 of the January $55 puts, as part of a bearish roll, for $1.84. Jon bought these puts and noted that he will be in the position until at least through June, when OPEC meets.
In DWDP, traders bought 5,000 of the September $32.50 calls, as part of a bullish spread, for about $1.70. Jon bought these calls and will be in them for about a month and a half.