On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in Roku Inc (NASDAQ: ROKU). Traders were buying the September 4, $175 calls on Friday. They bought 4,000 contracts right away and then the real buying came in and its volume increased to over 14,000 contracts, explained Najarian. He owns these calls and he is probably going to take off half since they have already doubled.
Jim Lebenthal bought Roku during the show. He thinks it is a beneficiary of the stay-at-home economy. It has trailed Nasdaq and other stay-at-home stocks and it is still not trading at its all-time highs. He noticed it is catching a bid and he decided to get back in.
Options traders were also buying the September $87 calls in Starbucks Corporation (NASDAQ: SBUX). They were trading for 50 cents and Najarian decided to jump in. He is going to hold the position for two or three days.
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
"activity" - Google News
August 30, 2020 at 04:06AM
https://ift.tt/3hMF1O4
Jon Najarian Sees Unusual Options Activity In Roku And Starbucks - Benzinga
"activity" - Google News
https://ift.tt/3ddCXMh
https://ift.tt/2WkO13c
Bagikan Berita Ini
Hallo kami dari DEWALOTTO ingin membagikan rejeki kepada anda semua hanya dengan bermain bersama kami yuk silahkan buktikan sendiri ya..
ReplyDeleteADD WA +855 888765575 Terima Kasih admint...:)
Kalah terus main di tempat lain?
ReplyDeletemari coba disini a+j+o+q+q (+855969190856)
Sedia deposit pulsa juga (min 20rb)