Jon Najarian Sees Unusual Options Activity In Morgan Stanley


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On CNBC's Fast Money Halftime Report, Jon Najarian said that he noticed unusually high bullish options activity in Morgan Stanley (NYSE:MS).

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He explained that somebody sold 5,000 contracts of the June 44 puts for $1.38 in the first half of the trading session. If the stock stays above $44 at the June expiration, the trader is going to make $690.000. The trade is going to lose money, if the stock trades below $42.62. Najarian added that a lot of his traders followed the trade, but he is not yet in the position.


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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