Market Overview

Jon Najarian Sees Unusual Options Activity In JetBlue


On CNBC's Fast Money Halftime Report, Jon Najarian spoke about high options trading volume in JetBlue Airways Corporation (NASDAQ: JBLU).

He noticed on Friday that traders are buying the January 22 calls in the name and they bought them in big numbers and big blocks, some as large as 6,000 contracts. A total volume in the January 22 calls, in the first half of the session, was around 13,800 traded contracts.

Najarian decided to initiate a long position in JetBlue with a call spread in the January expiration options. He is planning to stay in the position for two weeks to three weeks.

Posted-In: CNBC Fast Money Halftime Report Jon NajarianOptions Markets Media


Related Articles (JBLU)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Alan Knuckman's iShares MSCI Germany Index Fund (ETF) Trade

FireEye's New Helix Platform: Combining Detection, Threat Intelligence And Automation