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Market Overview

Jon Najarian Sees Unusual Options Activity In New Oriental Education And Western Union


Jon Najarian spoke on CNBC's "Options Action" about unusually high options volume in New Oriental Education & Tech Group (NYSE: EDU) and Western Union (NYSE: WU).

Options traders bought almost 12,000 contracts of the June $15 calls in New Oriental Education during the first half of the session on Monday. Najarian jumped in the trade.

The August $26 calls were active in Western Union and Najarian decided to buy these as well. In both cases, he is planning to sell upside calls as the day progresses.


Related Articles (EDU + WU)

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Posted-In: CNBC Jon Najarian Options ActionOptions Markets Media

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