A Few Pent-Up Trades for Market Reopening: Pros
Online Producer
A two-day shutdown of New York stock markets could benefit bargain-hunters, OptionMonster.com's Jon Najarian said Tuesday on CNBC.
"I think there'll be some great opportunities," he said, adding that volume would be light.
"There's a lot of pent-up trading in Ford, in Apple, in the likes of Facebook."
On "Fast Money," he also said that trading wouldn't resemble the day after Thanksgiving, but that it would be light for a weekday.
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Najarian also noted that Frankfurt trading of Apple shares after the company's management shake-up resulted in a net change of just 50 cents.
EmergingMoney.com's Tim Seymour said that he played EEM puts and IWM "knowing that there could be volatility related to market disruptions."
Seymour also pointed to potentially positive signs coming out of Greece, in Deutsche Bank's numbers and from China PMI.
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"We are global investors, and our markets have been open," he added.
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