Jon Najarian notes the unusual pricing in LinkedIn (LNKD -0.2%) options, saying implied...

|By:, SA News Editor

Jon Najarian notes the unusual pricing in LinkedIn (LNKD -0.2%) options, saying implied volatility in the puts is twice as high as the calls. The reason is because the stock is so hard to borrow, making hedging an expensive proposition. Warning to put buyers: if the stock gets easier to short, the premium on the puts could collapse.