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Najarian Brothers See Unusual Option Activity in $EBAY & $ARRY

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $EBAY & $ARRY. Pete sees unusual activity in EBAY, where 40,000 of the 18April 36 calls were bought for $1.12. Pete added to his position in EBAY April calls, and noted that this comes after notable buying in the same contracts seen […]

By Chris Sykora · February 4, 2019
Najarian Brothers See Unusual Option Activity in $EBAY & $ARRY

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

Pete sees unusual activity in EBAY, where 40,000 of the 18April 36 calls were bought for $1.12. Pete added to his position in EBAY April calls, and noted that this comes after notable buying in the same contracts seen last week.

Jon is seeing unusual activity in ARRY, as traders purchased 5,000 of the June $20 calls for 2.45 as part of a bullish roll. Jon bought these calls and plans to be in them for at least two months.