Market Overview

Najarian Brothers See Unusual Activity In Johnson & Johnson And Cisco Systems, Inc.

Share:

On CNBC's Fast Money Halftime Report, Jon Najarian said that he bought call options in Johnson & Johnson (NYSE: JNJ) on Tuesday, because he noticed strong call options activity in the name. The company is going to report earnings on January 26 and Najarian is going to exit the position before the event.

Pete Najarian noticed unusually high options activity in Cisco Systems, Inc. (NASDAQ: CSCO).

He explained that somebody was selling the February 25.5 calls against the long stock position.

 

Related Articles (CSCO + JNJ)

View Comments and Join the Discussion!

Posted-In: CNBC undefinedMedia