Najarian Brothers See Unusual Option Activity in $TECK, $CCI & $MLCO

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

Pete is seeing unusual activity in TECK, as traders purchased 6,800 of the 18April 24 calls for $0.60 to $0.75. Pete bought these calls and plans to hold them for a couple of months.

Jon sees unusual activity in CCI, as traders purchased nearly 4,000 of the 18April 125 calls for around a dollar. Jon bought these calls and will be in them for about thirty days, while also noting unusual buying in the 18April 120 calls.

Jon is also seeing unusual activity in MLCO, as 7,700 of the 18April 25 calls were bought from $0.45 to $0.75. Jon also bought these calls.