Options News
Najarian Brothers See Unusual Option Activity in $EBAY, $IGT & $EXAS
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $EBAY, $IGT and $EXAS. Pete sees unusual activity in EBAY, where 7,000 of the Weekly 12October $33 calls were bought from 0.29 to 1.00. Pete bought EBAY stock in lieu of these calls, noting that the Weekly 12October 33.50 calls were also catching […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $EBAY, $IGT and $EXAS.
Pete sees unusual activity in EBAY, where 7,000 of the Weekly 12October $33 calls were bought from 0.29 to 1.00. Pete bought EBAY stock in lieu of these calls, noting that the Weekly 12October 33.50 calls were also catching a bid.
Jon is seeing unusual activity in IGT, as traders purchased 7,000 of the January $18 calls for 1.45 to 1.50 as part of a bullish spread. Jon bought these calls, plans to hold them for two months, and noted that there is the G2E gaming conference currently underway in Las Vegas.
Jon also sees bullish unusual activity in EXAS in the form of 5,000 Weekly 02November $75 calls being bought for for 3.20 as part of a bullish spread as well. Jon took put on these calls and plans to hold them for about two to three weeks.