Jon Najarian Sees Unusual Options Activity In PagSeguro Digital, Gogo


On CNBC's "Fast Money Halftime Report," Jon Najarian said options traders bought about 5,500 contracts of the June $50 calls in PagSeguro Digital Ltd PAGS. He jumped in the trade and he is planning to hold the position for three weeks.

Najarian also noticed some activity in Gogo Inc GOGO, a provider of in-flight broadband internet service. As we get back to flying again, there will be more demand for its services, he explained.

Around 10,900 contracts of the June $15 calls were traded in Gogo, when the stock was trading just over $13. Najarian decided to follow the trade and he is probably going to be in these calls for three weeks.

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Posted In: OptionsSmall CapMarketsMediaCNBCFast Money Halftime ReportJon Najarian
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