On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $ASHR & $C.
In $ASHR, traders are buying up more than 9,500 of the October $28.50 calls for $0.22 to $0.24. Pete bought these calls.
In $C, traders bought 10,000 of the October $70.50 calls for $1.21-$1.22 as part of a bullish spread. Pete bought these calls as well and plans to be in the trade, along with $ASHR, for a few weeks.