Market Overview

Najarian Brothers See Unusual Options Activity In Analog Devices And Procter & Gamble

Related PG
Home Depot Sees Higher Costs As Tight Transport Markets Bite Retailer
Cramer Questions Why Apple Trades At Valuation Discount To Procter & Gamble
Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q2 2018 Update (Seeking Alpha)
Related ADI
The Semiconductor Stocks That Fund Managers Love And Hate
BofA Highlights The Most 'Underowned' Semi Stocks
Lazard Asset Management Llc Buys Analog Devices Inc, Vulcan Materials Co, PG&E Corp, Sells ... (GuruFocus)

On CNBC's "Fast Money Halftime Report", Jon Najarian said that options traders were buying the March 90 calls in Analog Devices, Inc. (NASDAQ: ADI) on Tuesday. The company is going to report earnings before the March expiration, so the traders might be betting on a positive earnings report or they're just betting the stock is ready to move higher after the pull back, explained Najarian. He followed the trade and he is going to hold the position for two weeks.

Pete Najarian noticed that someone bought around 6,000 contracts of the February 82.50 calls in Procter & Gamble Co (NYSE: PG). He likes the trade, but instead of calls, he bought the stock.

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


Related Articles (ADI + PG)

View Comments and Join the Discussion!

Correction Territory: Putting It Into Perspective

A Peek Into The Markets: U.S. Stock Futures Signal Lower Start On Wall Street; Dow Futures Down 160 Points