Najarian Brothers See Unusual Option Activity in $MGM, $DBX, $LVS & $ASHR

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $MGM, $DBX, $LVS and $ASHR.

Pete is seeing unusual activity in $MGM as traders purchased 8,000 of the 11October $31 calls for $0.29 to $0.36.

Pete is also seeing unusual activity in $DBX, as traders purchased more than 9,000 of the 27September $21 calls for $0.35 to $0.60.

Jon also sees unusual bullish activity in $LVS, as traders purchased more than 13,000 of the January $60 calls for $3.20.

Lastly, Jon is seeing unusually bullish activity in $ASHR, as traders purchased over 25,000 of the 04October $29 calls for $0.14 to $0.16. Pete noted previous buying in the same contract last week, that he and Jon had seen.