On CNBC's "Fast Money Halftime Report," Jon Najarian said traders bought 15,000 contracts of the November $55 calls in IAA Inc (NYSE: IAA). He likes the trade and he decided to follow it.
Companies Reporting Before The Bell
• Myriad Genetics (NASDAQ:MYGN) is likely to report earnings for its fourth quarter.
• Stellantis (NYSE:STLA) is expected to report earnings for its second quarter.
IAA (NYSE:IAA) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.47 by 23.4 percent. This is a 56.76 percent increase over earnings of $0.37 per share from the same period
Companies Reporting Before The Bell
• Lancaster Colony (NASDAQ:LANC) is likely to report quarterly earnings at $1.24 per share on revenue of $340.02 million.
IAA, Inc. (NYSE: IAA) today announced that its UK-based business unit has expanded its vehicle delivery service for its buyers. Following several technology modernisation investments, this expansion enables IAA to deliver vehicles anywhere on the UK mainland.