On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about unusually high options activity in Discovery Communications Inc. DISCA and American Airlines Group Inc AAL.
Around 5,000 contracts of the March 22.50 calls were traded in Discovery Communications as it spiked almost 5 percent Friday. Najarian bought the calls and he is planning to hold them for a month.
Options traders were also buying calls in American Airlines Group Inc AAL. They were buying the Dec. 22 expiration, 50.50 strike calls. Najarian followed the trade and he is going to hold the position until Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.