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Najarian Brothers See Unusual Option Activity in $PYPL & $VZ

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $PYPL and $VZ. Pete is seeing unusual activity in PYPL, as traders purchased over 8,000 of the December $90 calls for 0.91 to 0.92. Pete bought these calls and plans to be in them for a couple of weeks. Jon sees unusual activity […]

By Chris Sykora · November 19, 2018
Najarian Brothers See Unusual Option Activity in $PYPL & $VZ

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

Pete is seeing unusual activity in PYPL, as traders purchased over 8,000 of the December $90 calls for 0.91 to 0.92. Pete bought these calls and plans to be in them for a couple of weeks.

Jon sees unusual activity in VZ, where over 11,000 of the January $62.50 calls were bought for 0.94 as part of a bullish roll. Jon bought these calls and will be in them for about a month.