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Salesforce.com, inc. sold off in the first hour of the trading session Monday, and as it sold off, the options traders came in and bought around 6,000 contracts of the November 100 calls.
SPDR S&P Retail traded higher Monday, and options traders were buying upside calls in the first half of the session, said Najarian.
He is bullish on salesforce.com, inc. and SPDR S&P Retail and he decided to buy calls in both of them.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.