Jon Najarian Sees Unusual Option Activity in $CTL & $X

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $CTL and $X.

Traders were buying the CTL November $20 calls, as well as the January $21 and $22 calls. Jon is in the November calls for 3 weeks.

Also, we saw some call buying in X, where traders were getting into the November $29 calls. Jon is in these, looking to leg into a spread.