Pete Najarian Sees Unusual Option Activity in $DBX, $TGT and $NIO

On today’s CNBC Halftime Report, Pete Najarian is seeing unusual option activity in $DBX, $TGT & $NIO.

In DBX, traders are buying up 2,000 of the August $27 calls for $0.65 and $0.70. Pete bought these calls and plans to be in them for about a month, while noting the name’s history with unusual activity.

In TGT, traders bought nearly 6,000 of the January $92.50 calls for $4.57 as part of a bullish roll. Pete bought TGT calls, is long the stock, and noted this unusual buying of time until expiration, unlike typical trades he’s been seeing recently.

Lastly in $NIO, there were 16,000 of the 26July $3.50 calls bought from $0.22 to $0.25. Pete bought these calls.