Options News
Jon Najarian Sees Unusual Option Activity in $ZION & $ACAD
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $ZION and $ACAD. Jon is seeing unusual activity in ZION, where traders were buying 8,000 of the October $55 calls for 0.25. Jon bought these calls noting that at the same time, traders were selling downside puts. Jon also sees unusual bullish activity in ACAD, […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $ZION and $ACAD.
Jon is seeing unusual activity in ZION, where traders were buying 8,000 of the October $55 calls for 0.25. Jon bought these calls noting that at the same time, traders were selling downside puts.
Jon also sees unusual bullish activity in ACAD, where 5,000 of the January $27 calls were purchased for 1.20 as part of a bullish spread, also selling downside puts. Jon bought these calls as well.