Jon Najarian Sees Unusual Options Activity In Salesforce

Loading...
Loading...

On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in salesforce.com, inc. CRM.

Learn from Jon Najarian and other traders in person at the Benzinga Global Trading & Investing Summit June 20 in New York City!

He noticed options traders were buying aggressively the June 157.50 calls in the first half of the session on Tuesday. Around 4,000 contracts were traded and they were paying around $5 for them. The trade breaks even at $162.50 or 3.83 percent above the current stock price. Najarian suggested it might be a good idea to turn the position in the call spread.

Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment
Posted In: OptionsMarketsMediaCNBCFast 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...