Options News
Najarian Brothers See Unusual Option Activity in $MGM & $SQ
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $MGM and $SQ. Pete sees unusual activity in MGM, where 5,000 of the January $32 calls were bought for 2.85, after seeing a monster buyer of the July $32 calls yesterday. Pete bought July calls in MGM and plans to be in them […]
On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $MGM and $SQ.
Pete sees unusual activity in MGM, where 5,000 of the January $32 calls were bought for 2.85, after seeing a monster buyer of the July $32 calls yesterday. Pete bought July calls in MGM and plans to be in them for three to four weeks.
Jon is seeing unusual activity in SQ, were traders purchased 24,900 of the July $65 calls for 1.45. Jon bought these calls and will be in them for two to three weeks.