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Pete Najarian Sees Unusual Option Activity in $FB and $JD

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $FB & $JD. In FB, traders are buying up 4,000 of the 05April 172.50 calls for around $1.25. Pete bought these calls and noted that this is still a trader’s market, so discipline must be maintained. In JD, traders bought 5,000 of […]

By Chris Sykora · March 26, 2019
Pete Najarian Sees Unusual Option Activity in $FB and $JD

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $FB & $JD.

In FB, traders are buying up 4,000 of the 05April 172.50 calls for around $1.25. Pete bought these calls and noted that this is still a trader’s market, so discipline must be maintained.

In JD, traders bought 5,000 of the 03May 29.50 calls for $1.07 as part of a bullish roll. Pete bought these calls as well.