Najarian Brothers See Unusual Option Activity in $ATVI, $AIMT & $CRON

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $ATVI, $AIMT and $CRON, plus an update on $MU.

Pete is seeing unusual activity in $ATVI  as traders purchased 5,700 of the 25October $55 calls for $0.44 to $0.72. Pete bought these calls and reiterated that they expire tomorrow, so he’s got a day in them, max.

Pete also updated his trade in $MU from yesterday, in the 08November $45 calls, noting that those calls have more than doubled and that to stay disciplined, he’s taken some of the position off.

Jon is seeing unusual bullish activity in $AIMT, as traders purchased 2,900 of the December $30 calls for $1.00 to $1.30. Jon bought these calls and will be in them for about two months.

Lastly, Jon sees unusual activity in $CRON, as traders purchased 8,700 of the 25October $9 calls for $0.09 to $0.20. Jon bought these calls and will be in them for less than 24 hours.