Najarian Brothers See Unusual Option Activity in $ETFC, $AXTA, $FEYE & $INTC

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $ETFC, $AXTA, $FEYE and $INTC.

Jon is seeing unusual activity in ETFC, as 5,000 of the November $60 calls were bought for 1.56 to 1.58 as part of a bullish spread. Jon bought these calls and plans to be in them from a month to a month and a half.

Jon is also seeing unusual option activity in AXTA, where 10,500 of the October $34 calls were bought for 0.20 to 0.22. Jon bought these calls as well and will be in them for about thirty days.

Pete sees unusual activity in FEYE, in the 28September $16.50 calls, as around 5,000 were bought from 0.35 to 0.50. Pete bought these calls.

Pete also sees an unusual trade in INTC where over 8,200 of the 02November $47 calls were bought for 1.43 as part of a complex bullish spread. Pete owns INTC stock and likes to see the call buyers continue to step in, following bullish unusual activity which he noted on Monday.