Market Overview

Najarian Brothers See Unusual Options Activity In Anheuser Busch, Micron And Advanced Micro Devices


Jon Najarian said on CNBC's "Fast Money Halftime Report" that he noticed big options volume in Anheuser Busch Inbev NV (ADR) (NYSE: BUD). Traders bought around 5,000 contracts of the July 110 calls and almost 18,000 contracts of the September 130 calls in the first half of the trading session on Thursday. Jon Najarian decided to buy calls in the name and he is planning to hold them for three weeks.

See Also: Benzinga's Option Alert Recap From July 6

Pete Najarian said that somebody bought around 20,000 contracts of the October 35 calls in Micron Technology, Inc. (NASDAQ: MU) in the first half of the session. He explained that investors are looking for a break out above $35 in Micron Technology. Pete Najarian also noticed bullish options activity in Advanced Micro Devices, Inc. (NASDAQ: AMD) as traders were buying the August 17 calls. Around 20,000 contracts were traded.

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


Related Articles (AMD + BUD)

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