Jon Najarian Sees Unusual Options Activity In Cheesecake Factory, Marathon Oil Corporation

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On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in Cheesecake Factory Inc CAKE. He noticed a large order for the October $55 calls and he decided to follow the trade.

Call options in Marathon Oil Corporation MRO were also active on Friday. Traders were buying the November $15 calls. Najarian has already had a long position in the name and he decided to buy more calls on Friday.

 

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Posted In: OptionsMarketsMediaCNBCFast Money Halftime ReportJon Najarian
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