Najarian Brothers See Unusual Options Activity In Ciena And Nabors Industries


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On CNBC's Fast Money Halftime Report, Jon Najarian said that he noticed unusually high bullish options activity in Ciena Corporation (NYSE: CIEN) on Wednesday. He explained that traders were buying the January 22/26 call spread. He decided to follow the trade and he is planning to hold it for 1-2 months.

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Pete Najarian noticed some buying activity in the October 13 calls in Nabors Industries Ltd. (NYSE: NBR). Around 9,200 contracts were traded on Wednesday and the premium was between $0.40 and $0.45. The break even for the trade is at $13.45 or approximately 4.5 percent higher. Pete Najarian is also long the October 13 calls and he is going to hold them for a week.


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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.


Posted In: CNBCOptionsMarketsMediaFast Money Halftime ReportJon NajarianPete Najarian