On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $BZH.
In BZH, traders are buying up 10,500 of the November $11 calls for $0.95 to $1.05. Pete used the bullish activity as a catalyst to get long BZH stock.
Pete then updated some Unusual Option Activity in T-Mobile (TMUS) from May 15 and noted that, with its merger with Sprint (S) expected to be reviewed by the Justice Department, those calls had more than tripled.
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