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Jon Najarian Sees Unusual Options Activity In American Airlines And Fastly

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Jon Najarian Sees Unusual Options Activity In American Airlines And Fastly

On CNBC's "Fast Money Halftime Report," Jon Najarian said he bought American Airlines (NASDAQ: AAL) calls today at the $13 strike with an expiration date of Oct. 23. 

Najarian says that TSA data showing 900,000 passengers per day is not great, but is a big move up from the beginning of the pandemic. He’s crossing his fingers this TSA data is a good sign people are getting back on planes.

Najarian said he also bought Fastly (NYSE: FSLY) calls with a strike price of $135 that expire in December. He noted since the calls expire in December, he will probably be in them for about two months.

 

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Posted-In: CNBC Jon NajarianOptions Markets Media