Jon Najarian Sees Unusual Options Activity In T-Mobile And Twitter

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On CNBC's "Options Action," Jon Najarian spoke about unusually high options activity in T-Mobile Us Inc TMUS on Thursday. He thinks the reason is the new iPhone 13 Pro Max. He expects it to drive traffic to the stores and increase online sales.

Traders are buying the September 24, $129 calls in T-Mobile and Najarian decided to follow the trade. He is probably going to hold the position for most of the week.

When Twitter Inc TWTR was trading at $61 and change, there was a purchase of the November $75 calls. Najarian is bullish on Twitter, but he decided to buy the November $60 calls. He is going to be in the position for two months.

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Posted In: OptionsMarketsMediaCNBCJon NajarianOptions Action
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