Market Overview

Najarian Brothers See Unusual Options Activity In Bed Bath & Beyond And Brookdale Senior Living

Related BBBY
Can Amazon Sweep Away iRobot's Dominant Positioning With Its Own Home Robots?
Zacks Bull And Bear Of The Day: Western Digital And Bed Bath & Beyond
Related BKD
46 Biggest Movers From Friday
The 7 Most Undervalued Stocks In Larry Robbins' Portfolio

Jon Najarian spoke on CNBC's "Fast Money Halftime Report" about a bullish options activity in Bed Bath & Beyond Inc. (NASDAQ: BBBY). Around 6,000 contracts of the December 20 calls were traded in the first half of the trading session. Jon Najarian decided to jump in the trade.

Pete Najarian said he noticed a purchase of 10,000 contracts of the January 10 calls in Brookdale Senior Living, Inc. (NYSE: BKD) for $1.25. The trade breaks even at $11.25 or 9.65 percent above the current market price. Pete Najarian followed the trade and he thinks the stock is going to move higher.

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


Related Articles (BBBY + BKD)

View Comments and Join the Discussion!