Najarian Brothers See Unusual Option Activity in $AKAM, $KNX & $EWZ

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $AKAM, $KNX and $EWZ.

Jon sees unusual activity in AKAM, in the May $76.50 calls, as 2,500 were bought from 0.40-0.50. Jon bought these calls and plans to be in them for about a week.

Jon is also seeing unusual activity in KNX, as 5,000 of the June $40 calls were bought for 1.60. Jon bought these calls and plans to hold them from three weeks to a month.

Pete is seeing unusual option activity in EWZ, where 75,000 of the July $43 calls were bought for 0.64. Pete bought these calls and plans to hold them for a couple of months.

Pete also updated the trade in MRO from Monday, stating that those calls moved to the upside with the stock through the $21.50 area today, and he is now out of the position.