Options News
Najarian Brothers See Unusual Option Activity in $IGT, $CMCSA & $MNST
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $IGT, $CMCSA and $MNST. Jon sees unusual activity in IGT, where 5,000 of the July $26 calls were bought for 1.35-1.45. Jon bought these calls and will be in them for probably three weeks, noting he may sell a higher strike against them […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $IGT, $CMCSA and $MNST.
Jon sees unusual activity in IGT, where 5,000 of the July $26 calls were bought for 1.35-1.45. Jon bought these calls and will be in them for probably three weeks, noting he may sell a higher strike against them to turn it into a spread if the stock continues its upward move.
Jon is also seeing unusual activity in CMCSA, as over 10,000 of the October $35 calls were bought for 0.86-0.91. Jon bought these calls.
Pete is seeing unusual option activity in MNST, where nearly 5,000 of the 29June $55 calls were bought for around 0.30. Pete bought these calls and plans to hold them for three to four weeks.