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Najarian Brothers See Unusual Option Activity in $TECK, $SNY, $JBLU & $NUAN with @jimcramer

On yesteray’s CNBC Halftime Report, Jon and Pete Najarian were seeing unusual option activity in $TECK, $SNY, $JBLU and $NUAN, plus updates on $FL and $CPRI. Jon was seeing unusual activity in $TECK as traders purchased some 5,300 of the December $15.50 calls for $0.43 to $0.57. Jon bought these calls, and plans to be […]

By Chris Sykora · December 5, 2019
Najarian Brothers See Unusual Option Activity in $TECK, $SNY, $JBLU & $NUAN with @jimcramer

On yesteray’s CNBC Halftime Report, Jon and Pete Najarian were seeing unusual option activity in $TECK, $SNY, $JBLU and $NUAN, plus updates on $FL and $CPRI.

Jon was seeing unusual activity in $TECK as traders purchased some 5,300 of the December $15.50 calls for $0.43 to $0.57. Jon bought these calls, and plans to be in them all the way through their expiration.

Jon was also seeing unusual activity in $SNY as traders bought 7,000 of the January $48 calls for $0.75 to $1.10. Jon bought these calls as well and noted the company will be at the JP Morgan Healthcare Conference on Jan. 14.

Pete was seeing unusual bullish activity in $JBLU, as traders bought more than 12,400 of the December $20 calls for $0.10 to $0.30. Pete bought these calls while noting he is also long $UAL and $LUV.

Lastly, Pete was seeing unusual activity in $NUAN, where 2,100 of the April $18 calls were purchased for $1.10 to $1.24. Pete also bought these calls noting unusual activity in the name hit twice in the same day.

Pete then updated his trade in $FL from Nov. 21 noting that trade did not work out. Meanwhile, his trade in $CPRI from Nov. 25, did work out to the upside.

Pete and Jon’s Final Trades were $TWTR and $CP, respectively.