Jon Najarian Sees Unusual Options Activity In Pinterest and DR Horton


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On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in Pinterest Inc (NYSE:PINS).

The name was a frequent flyer on Najarian's unusual activity report and traders who bought calls ahead of news were wright. On Friday, they bought the October $34 calls aggressively. Najarian joined the trade and he is going to be in the position for a month or six weeks.

D. R. Horton Inc (NYSE:DHI) was also active. Over 10,000 contracts of the January $80 calls were traded on Friday. He followed the trade and he is going to hold the position into the year end.


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.


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Posted In: OptionsMarketsMediaCNBCFast Money Halftime ReportJon Najarian