On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $EWZ and $FCX
Traders were buying the EWZ February $42 calls, just out-of-the-money. Jon is in these for about a month.
Pete was looking at FCX, where traders have been consistently right in the recent past. Today, they were buying February $20 calls as part of a spread. Pete is in these for 1 month.