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Benzinga

Business

Adam Eckert

'It Went To $134 In 11 Days': Why Jon Najarian Is Buying Short-Term Roblox Call Options Ahead Of Earnings

Roblox Jon Najarian RBLX NYSE Roblox Corp

Roblox Corp (NYSE:RBLX) is set to announce its fourth-quarter earnings results after the bell. With the stock down more than 30% since the start of the year, Market Rebellion co-founder Jon Najarian noticed some call buying activity, looking for massive moves following the report.

A large move wouldn't come as a complete surprise when considering the outsized gains the stock turned in on the back of its last earnings report, Najarian recalled Tuesday on CNBC's "Fast Money Halftime Report."

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