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Najarian Brothers See Unusual Option Activity in $DAL & $GM

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $DAL and $GM. In DAL, Jon Najarian is seeing unusual activity in the April $58 calls, as traders bought 5,000 of them for 0.67. Jon is in these calls and plans to hold them for probably a week. Pete Najarian is […]

By Chris Sykora · March 21, 2018
Najarian Brothers See Unusual Option Activity in $DAL & $GM

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $DAL and $GM.

In DAL, Jon Najarian is seeing unusual activity in the April $58 calls, as traders bought 5,000 of them for 0.67. Jon is in these calls and plans to hold them for probably a week.

Pete Najarian is seeing unusual activity in GM, citing that 10,100 of the September $40 calls were bought for about 1.65. Pete owns the stock but did not buy these calls, citing that the bullish option trade gives him conviction in his position.