Jon Najarian Sees Unusual Options Activity In JD.Com And Dicks Sporting Goods

Loading...
Loading...

On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about unusually high options volume in JD.Com Inc(ADR) JD and Dicks Sporting Goods Inc DKS.

Najarian noticed traders were aggressively buying the October 34 calls in JD.com on Thursday. Around 9,000 calls were bought and he decided to follow the trade. He's planning to hold the position for a month.

Around 2,000 contracts of the September 40 calls were traded in Dicks Sporting Goods. Najarian bought these calls as well and he's going to hold them for two to three weeks. He added that he bought Apple AAPL calls, too.

Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment
Posted In: OptionsMarketsMediaFast Money Halftime ReportJon Najarian
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...