Options News
Najarian Brothers See Unusual Option Activity in $LVS & $SPCE
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $LVS and $SPCE, plus Final Trades in $BMY and $SHOP. Pete is seeing unusual activity in $LVS as traders purchased over 2,500 of the 03January $71 calls for $0.49 to $0.52 as part of a bullish roll. Pete bought these calls […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $LVS and $SPCE, plus Final Trades in $BMY and $SHOP.
Pete is seeing unusual activity in $LVS as traders purchased over 2,500 of the 03January $71 calls for $0.49 to $0.52 as part of a bullish roll. Pete bought these calls and will hold them for up to a week.
Meanwhile, Jon sees unusual activity in $SPCE, where traders were buying 3,000 of the January $11 calls for $0.60 to $0.80. Jon bought these calls and will be in them for about two weeks.
Pete and Jon’s Final Trades were $BMY and $SHOP, respectively.