Market Overview

Jon Najarian Sees Unusual Options Activity In Mondelez And iShares Silver Trust

Share:

Jon Najarian spoke on CNBC's "Fast Money Halftime Report" about unusually high options activity in Mondelez International, Inc. (NASDAQ: MDLZ) and iShares Silver Trust (NYSE: SLV). Options traders traded almost 12,000 contracts of the Sept. $57.50 calls in Mondelez, in the first half of the trading session. He is long these calls and he is planning to hold them for a month or a month and a half.

See Also: How Option Traders Are Playing Grupo Financiero Galicia Following Argentina Market Crash

iShares Silver Trust gained around 10% in the last month. Options traders are buying the Oct. $18.50 calls in the name, explained Najarian. Over 12,000 contracts were traded in the first half, which is 1.2 million shares equivalent.

 

Related Articles (SLV + MDLZ)

View Comments and Join the Discussion!

Posted-In: CNBC Fast Money Halftime Report Jon NajarianOptions Markets Media