Jon Najarian Sees Unusual Option Activity in $MSFT and $KRE

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $MSFT and $KRE, plus an update on $PDD.

In $MSFT, traders are buying up over 10,600 of the 23August $140 calls for $0.31 to $0.45. Jon bought these calls and will be in them until about Wednesday or Thursday next week.

In $KRE, traders are buying up nearly 7,300 of the 06September $51 calls for $0.55 to $0.65. Jon also bought these calls and plans to hold them through the end of August.

Jon also updated his position in $PDD, from July 25, noting that those calls have more than doubled today.