Unusual Option Activity, or following the “smart money”, is Jon and Pete Najarian’s favorite trading strategy. Today, Pete highlighted five massive option trades on CNBC’s Halftime Report:
| Ticker: DAL Option Type: Call Spread Strike: $38/$41 Premium: $0.85 Expiration: July 15, 2022 |
Ticker: ASO Option Type: Call Spread Strike: $38/$45 Premium: $1.60 Expiration: July 15th, 2022 |
Ticker: SPY Option Type: Put Strike: $377 Premium: $6.51-$6.77 Expiration: July 15th, 2022 |
Ticker: SPY Option Type: Put Spread Strike: $345/$340 Premium: $0.07 Expiration: June 17th, 2022 |
Ticker: SPY Option Type: Put Spread Strike: $385/$360 Premium: $7.21 Expiration: July 22nd, 2022 |
Jon & Pete Najarian pioneered the unusual option activity trading strategy to piggyback on “smart money” moves using their proprietary Heat SeekerⓇ algorithm. But trading UOA takes more than just finding the order flow… You need a comprehensive approach, rooted in discipline.
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