Market Overview

Jon Najarian Highlights Unusual Activity In Facebook And Home Depot

Share:
Jon Najarian Highlights Unusual Activity In Facebook And Home Depot

On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in Facebook, Inc. (NASDAQ: FB). Options traders were buying the December $207.50 calls in the name. Najarian thinks the stock is going to trade to the strike price and he likes the trade.

See Also: Facebook Option Traders Betting On A Holiday Rally

He has also noticed some activity in the December $230 calls in Home Depot Inc (NYSE: HD). He followed the trade and he is going to hold the position for 4 to 5 days, since it expires on Dec. 6.

 

Related Articles (HD + FB)

View Comments and Join the Discussion!

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