Jon “DRJ” Najarian is a professional investor, noted media analyst and speaker, and co-founder of OptionMonster.com, a leading site for options and equity traders. Following a brief stint as a Chicago Bears linebacker, Jon launched his financial career at the Chicago Board Options Exchange (CBOE) in 1981, trading in the pits for some 25 years. In 1989 he founded Mercury Trading, running the company for 15 years until 2004, when he sold his floor-trading operations to Citadel, one of the world’s largest hedge funds. More recently, Jon — often known after his CBOE floor call letters “DRJ” — has developed and patented trading applications used to identify unusual activity in stock, options, and futures markets, notably the Heat Seeker® program, which scans up to 1,000,000 quotes per second. Jon’s research and analysis, based on the Heat Seeker® and complementary programs, is widely cited by leading financial media including The Wall Street Journal, Reuters, Bloomberg, Barron’s, and others. He hosts a CBS Radio show and is a CNBC contributor. OptionMonster, which delivers news, education, and market intelligence services for self-directed traders, has been described by Securities Industry News as “content king of the options business,” and enjoys syndication agreements with CNBC, the Chicago Board Options Exchange and Nasdaq.
Someone is looking for a big move in Cigna. The health insurer’s last earnings report missed estimates, but the company did raise full-year guidance. An even bigger catalyst is expected in June, when the U.S. Supreme Court will rule on the constitutionality of national health care. Read More