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Jon Najarian Highlights Unusual Activity In American Airlines And Facebook

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On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in American Airlines Group Inc (NASDAQ: AAL) and Facebook, Inc. (NASDAQ: FB).

American Airlines traded 2.37% higher on Tuesday and options traders were buying the November $29 calls. Najarian noticed traders were buying calls in big blocks so he decided to follow the trade. He is going to hold the position for about a month.

Facebook position as the stock traded more than five points higher and Najarian decided to add to his long position in the name. He noticed a purchase of the November $195 calls and he thinks the stock has more room on the upside.

Related Links:

Big Tech Earnings Season: Here's How Large Options Traders Are Positioning

Big Bank Earnings Beats Embolden Large Bank Of America Option Traders

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

 

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