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Najarian Brothers See Unusual Option Activity in $JBLU & $ARNC

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $JBLU and $ARNC. Jon sees unusual activity in JBLU, notably the September $18 calls, as 5,000 were bought for 2.15. Jon bought these calls and will be in them anywhere from a month to two months. Pete is seeing unusual option […]

By Chris Sykora · April 26, 2018
Najarian Brothers See Unusual Option Activity in $JBLU & $ARNC

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

Jon sees unusual activity in JBLU, notably the September $18 calls, as 5,000 were bought for 2.15. Jon bought these calls and will be in them anywhere from a month to two months.

Pete is seeing unusual option activity in ARNC, where traders were buying 10,000 of the May $22 calls for 1.04. Pete bought these calls, noting they do capture the company’s earnings report on 04/30 before the market opens.