On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in Cheesecake Factory Inc CAKE. He noticed a large order for the October $55 calls and he decided to follow the trade.
Call options in Marathon Oil Corporation MRO were also active on Friday. Traders were buying the November $15 calls. Najarian has already had a long position in the name and he decided to buy more calls on Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in