Jon Najarian Sees Unusual Option Activity in $HD and $OXY

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $HD and $OXY, plus an update on $YETI.

In $HD, traders are buying up over 4,888 of the September $245 calls for $0.10. Jon bought these calls and will be in them for another two weeks.

In $OXY, traders are buying up over 17,500 of the October $47.50 calls for $0.58 to $0.64 as part of a bullish roll. Jon bought these as well and will hold the for about a full month.

Jon also updated his position in $YETI, from two days go on Sept. 4, noting that the call position has moved up by better than 50%, and that he maintains his option position but has cut his stock.