Options News
Jon Najarian Sees Unusual Option Activity in $UPS & $MRVL
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $UPS & $MRVL. In UPS, traders were buying up 2,500 of the 13April $109 calls as a part of a spread. Jon bought these calls and plans to be in them for a couple weeks. He cites the analyst upgrade yesterday as a […]
On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $UPS & $MRVL.
In UPS, traders were buying up 2,500 of the 13April $109 calls as a part of a spread. Jon bought these calls and plans to be in them for a couple weeks. He cites the analyst upgrade yesterday as a likely catalyst.
Jon is also seeing unusual activity in MRVL, where the April $25 calls were bought from 0.72-0.83. Jon will be in these from 10 days to two weeks.