Around 9,000 contracts of the August $175 calls were traded in Boeing right away and by the midday, it reached 25,000 contracts, said Najarian. Traders were also buying the August $180 calls in the name. Najarian jumped in and he is going to hold the position for two to three days.
The September $16 calls were active in Carnival Corp. They were trading for under $1. Najarian thinks it's a cheap shot for something happening in a positive way between now and September. He decided to follow the trade and he is going to hold the position for three to four weeks.