Jon Najarian Spots Unusual Option Activity in ASHR, Macy’s, and Schlumberger

Unusual Option Activity, or following the “smart money”, is Jon and Pete Najarian’s favorite trading strategy. Here are three massive options trades Jon spotted today:

Ticker: $ASHR
Option Type: Call
Contract Quantity: 63,000
Strike: $33
Premium: $0.61
Expiration: July 15th, 2022

Ticker: $M
Option Type: Call
Contract Quantity: 10,000
Strike: $29
Premium: $1.11-$1.13
Expiration: August 19th, 2022

Ticker: $SLB
Option Type: Call
Contract Quantity: 3,300
Strike: $52.50
Premium: $2.05-$2.14
Expiration: August 19th, 2022

Ready to start trading? Try Unusual Option Activity Essential. Learn how you can follow the “smart money” with a fresh UOA trade idea each week – including technical levels so that you know how to manage each trade!