Market Overview

Jon Najarian Sees Unusual Options Activity In Oasis Petroleum

Share:

Jon Najarian spoke on CNBC's "Fast Money Halftime Report" about unusually high options activity in Oasis Petroleum Inc. (NYSE: OAS).

Traders bought around 10,000 contracts of the June 10 calls in the first half of the trading session on Thursday. The trade is unusual because the average options volume in the name is a few hundred contracts. Najarian bought the calls and is planning to hold them for two weeks.

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

 

Related Articles (OAS)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial

The Technician's Playbook: Exxon Mobil Revisits Long-Term Support Level

After A Big Q1 Beat, What's J.Jill Doing That Other Apparel Stocks Aren't?