It's not an option." Pete Najarian continued, "We wrote this book to equip traders with a guide to help them use options to their advantage by managing risk and gaining an edge in a post-COVID world."įollowing the success of their 2018 book " Follow the Smart Money," which provided retail traders with professional insights into unusual option activity, this new book promises to be another game-changer. Jon Najarian emphasized, "It's no longer practical to just hold shares that are surrounded by the unpredictable forces and hidden risks of a global market. These often-misunderstood instruments are a lifeline, enabling traders to hedge against significant risks, speculate with informed precision, and make bold predictions about stock price movements. While stocks once dominated the scene, today's investors have a more versatile tool at their disposal – options. Then, we’ll reveal why we use this trading strategy and how you too can find and screen. By monitoring this market data, traders can create strategies that capitalize on this often over looked information Options with increasing option implied volatil. First, we’ll define what makes options activity unusual. Pre-Market IV Report OctoThe following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. The book intends to be a Swiss Army Knife for traders by shining a light on the shifting paradigms of the options trading world. This insider’s guide will show you how you can identify, screen, and trade unusual options activity just like Jon Najarian, Pete Najarian, and our team of analysts at Market Rebellion. 10, 2023 /PRNewswire/ - Options pioneers and founders of Market Rebellion, Jon and Pete Najarian, recognized for their insights on CNBC, FoxBusiness, and Bloomberg, are thrilled to unveil their latest book, "It's NOT an Option." DISCLOSURE: Najarian's real portfolio is long options of SunEdison and Encana.CHICAGO, Oct. For all the picks and analysis of the "Halftime Report" Portfolio, click here. He said it has volatility, volume and velocity. So far this year, Najarian's model portfolio is up 9 percent compared with a gain of 1 percent for the S &P 500. On CNBCs 'Fast Money Halftime Report,' Jon Najarian spoke about unusual options activity in Hut 8 Mining Corp (NASDAQ:HUT). Source: FactSet Analysts have an overweight rating on ECA with a 12-month price target of $10.62, implying a 36 percent gain, according to FactSet. "Shares were $14.50 in May and $9 in October, and the unusual call buying suggests some think shares trade through $9 & push $10 in the short-term," Najarian wrote. "12,214 of the January 8 calls were bought versus an open interest of 7,460 contracts," Najarian wrote in an email, explaining that most of these contracts were purchased for about 75 cents and 80 cents. Based on unusual options activity, Najarian said Encana is another name where traders bet on a rally. For the year, however, the stock is still down 43 percent. Shares of ECA rallied over 20 percent this month ahead of is earnings report slated for Nov. Read More 10 earnings stocks ready to rip or dip Najarian also bought shares of Encana ( ECA ), which is involved in the exploration and production of natural gas and oil. Analysts on Wall Street have a buy rating on SUNE with a 12-month price target of $21, implying a gain of 166 percent from here, according to FactSet. Similarly, total option volume is running 140 percent of average in the company, but calls outnumber puts by 9 to 1, Najarian added. All investments involve risk, and the past performance of a security, Digital Asset, industry, sector. Najarian noted that options traders had purchased 11,375 November 7.50 calls for 72 cents to 83 cents against open interest of 232 contracts. Our services and education products provide information from Jon Najarian, Pete Najarian and our team of analysts and educators on trading options and securities as well as cryptocurrencies, tokens and coins (together Digital Assets). Jon & Pete Najarian are the unusual options activity pioneers. As the stock underperforms, here's how the options trader is positioned for a potential move ahead: Source: FactSet SunEdison, a highly volatile name that's heavily shorted (15 percent short interest) and has been a top holding for some hedge fund managers, is projected to report earnings on Nov. unusual options activity is the highest rated segment of the day on CNBC. SunEdison ( SUNE ), the biggest developer of clean energy, has seen its stock plunge more than 75 percent since June, following concerns over weak revenue trends as the company embarks on a buying spree, acquiring many of its competitors. Personal Loans for 670 Credit Score or LowerĬNBC "Halftime Report" trader Jon Najarian bought shares of SunEdison in his model portfolio Wednesday, after spotting unusual options activity. Personal Loans for 580 Credit Score or Lower ![]() Best Debt Consolidation Loans for Bad Credit
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