Pete Najarian Sees Unusual Option Activity in $HIMX

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in HIMX.

Traders were buying up the March $10 calls for $1.25.  The stock has been performing well all year, and Pete thinks that these calls might indicate a rapid move to the upside. Pete is in these for a few months, which gives him time to take advantage of a potential move.