Jon Najarian Sees Unusual Options Activity In First Solar

by Craig Jones, Benzinga Staff Writer
December 17, 2016 8:07 PM | 24 seconds read | Make a Comment
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On
CNBC's "Fast Money Halftime Report,"
Jon Najarian said he noticed bullish options activity in
First Solar, Inc.FSLR
. Traders were buying the December 24 and the December 25 calls that expire in a week.

Najarian added that the premium went up 100 percent, and he decided to follow the trade. As First Solar moves higher, he is planning to sell calls against the long-call position and make it a call spread.

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Posted In: CNBCCommoditiesOptionsMarketsMediaTrading IdeasFast Money Halftime ReportJon Najarian
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