Najarian Brothers See Unusual Option Activity in $BHGE & $AA

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

Jon is seeing unusual activity in BHGE, as traders purchased 3,500 of the November $34 calls for 0.60 to 0.70. Jon bought these calls.

Jon then updated the trade in VST from September 28, noting that those calls have returned five times their purchase prices, and that he has closed the trade out.

Pete sees unusual activity in AA, where 5,580 of the November $48 calls were bought for 1.35 as part of a bullish roll. Pete bought these calls and plans to hold them through to the November expiration.

Pete also updated his trade in INTC from September 17, mentioning that those calls have more than doubled today.