Jon Najarian Sees Unusual Options Activity In Weatherford And Splunk


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On CNBC's Fast Money Halftime Report, Jon Najarian said that he noticed unusually high bullish options activity in Weatherford International Plc (NYSE: WFT). Traders were buying the March 6 calls in the name. Najarian revealed that he owns a call spread in Weatherford and he's going to hold it for a month.

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He also noticed some bearish options activity in Splunk Inc (NASDAQ: SPLK) on Tuesday. There was a big options volume in the January weekly, 55 strike puts on a day when the stock is trading around 5 percent lower. Najarian owns put options in Splunk and he is planning to hold them for two days.


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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 Najarian