Jon Najarian Highlights Unusual Activity In Facebook And Home Depot

On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in Facebook, Inc. FB. Options traders were buying the December $207.50 calls in the name. Najarian thinks the stock is going to trade to the strike price and he likes the trade.

See Also: Facebook Option Traders Betting On A Holiday Rally

He has also noticed some activity in the December $230 calls in Home Depot Inc HD. He followed the trade and he is going to hold the position for 4 to 5 days, since it expires on Dec. 6.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment
Posted In: OptionsMarketsMediaCNBCFast Money Halftime ReportJon Najarian
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!