Pete Najarian said on CNBC’s “Fast Money Halftime Report” that options traders bought around 10,000 contracts of the May $150 calls in Airbnb Inc (NASDAQ:ABNB) on Friday. This was a second day in a row with big options volume as around 5,000 contracts of the May $155 calls were traded on Thursday.
Najarian also noticed some activity in Under Armour Inc Class C (NYSE:UA). When the stock was trading just under $19, he noticed a purchase of 6,000 contracts of the May $19 calls. They were trading between 35 and 50 cents. Najarian owns calls in both Under Armour and Airbnb.