On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about high options activity in SmileDirectClub Inc SDC. He said around 8,000 contracts of the November $10 calls were traded in the name and he explained that the strike is right at the money.
See Also: SmileDirectClub Analysts Sound Optimistic Note After Rough First Month
Najarian has also noticed a large purchase of the October $44 calls in KraneShares CSI China Internet ETF KWEB. He explained that they expire in a week and they will be very sensitive to the news about tariffs.
Amarin Corporation plc AMRN calls were also very active. Around 4,000 contracts of the November $17 calls were traded. Najarian followed the trade and he is going to hold it for a month.
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