Jon Najarian Sees Unusual Options Activity In PagSeguro Digital, Gogo

On CNBC's "Fast Money Halftime Report," Jon Najarian said options traders bought about 5,500 contracts of the June $50 calls in PagSeguro Digital Ltd PAGS. He jumped in the trade and he is planning to hold the position for three weeks.

Najarian also noticed some activity in Gogo Inc GOGO, a provider of in-flight broadband internet service. As we get back to flying again, there will be more demand for its services, he explained.

Around 10,900 contracts of the June $15 calls were traded in Gogo, when the stock was trading just over $13. Najarian decided to follow the trade and he is probably going to be in these calls for three weeks.

Loading...
Loading...
PAGS Logo
PAGSPagSeguro Digital Ltd
$9.69-0.67%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
52.46
Growth
85.17
Quality
20.30
Value
94.90
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Posted In:
Comments
Loading...