Traders bet this under-performing tech giant pops 4%+ next week
June 07, 2019 at 14:47 PM EDT
Shares of Facebook are trading in bear market territory after falling 20% from their July high. But now traders are making a big bet that the stock turns a corner. On Friday traders bought nearly 30,000 calls in the stock, according to "Halftime Report" trader Jon Najarian, betting that it pops more than 4% next week.