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Najarian Brothers See Unusual Option Activity in $TWTR, $GOLD, $PLNT, $SSNC & $YELP

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $TWTR, $GOLD, $PLNT, $SSNC and $YELP. Pete is seeing unusual activity in $TWTR, as traders purchased 2,300 of the 30August $42.50 calls for $0.35 to $0.62. The trade breaks even when shares of the TWTR reach roughly $43. Pete is also seeing […]

By Chris Sykora · August 27, 2019
Najarian Brothers See Unusual Option Activity in $TWTR, $GOLD, $PLNT, $SSNC & $YELP

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $TWTR, $GOLD, $PLNT, $SSNC and $YELP.

Pete is seeing unusual activity in $TWTR, as traders purchased 2,300 of the 30August $42.50 calls for $0.35 to $0.62. The trade breaks even when shares of the TWTR reach roughly $43.

Pete is also seeing unusual activity in $GOLD, as traders purchased more than 10,000 of the October $24 calls for $0.12 to $0.14.

Jon is seeing unusual activity in the $PLNT, as traders purchased 2,100 of the September $70 calls for $1.75 to $2.03.

Also, Jon sees unusual activity in $SSNC, as traders purchased 6,000 of the October $50 calls from $0.52 to $1.00.

Jon lastly is seeing unusual bullish activity in $YELP, as traders flocked to both the 30August $32.50 and $33 call strikes.