Jon Najarian Sees Unusual Option Activity in $CRM & $XRT

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in $CRM and $XRT.

In CRM, as the stock was selling off this morning, traders were buying the November $100 calls, with earnings coming up on November 16th.

In XRT, Jon is seeing upside call buying in the retail ETF, where traders were buying the November $42.50 calls.

Jon is in both of these trades  for 7-10 days.