Najarian Brothers See Unusual Option Activity in $AA & $FCX with @jimcramer

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $AA & $FCX.

Jon is seeing unusual activity in $AA, as traders purchased over 4,000 of the March $32 calls for 1.15. Jon bought these calls and plans to hold them through the company’s upcoming earnings report.

Jon also updated the trade in $DAN from Dec. 26, stating that the trade has performed significantly to the upside, with call prices more than tripling since their initiation.

Pete sees unusual activity in $FCX, where 10,000 of the 25January $12.50 calls were bought for up to 0.23 as part of a bullish roll. Pete bought these calls.