On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $MRO, $EFA and AKS.
Traders were buying MRO July $20 calls. Jon bought these. Also, traders were buying up EFA calls in February $75 strike. Jon is in these for about 2 weeks.
Pete is seeing buying in AKS, where traders were buying February $7 calls for about $.30.