Najarian Brothers Highlight Unusual Options Activity In Morgan Stanley, Fidelity And More

On CNBC's "Fast Money Halftime Report," Jon Najarian said traders were buying the December $46 calls in Morgan Stanley MS. Around 5,000 contracts were traded for $1.25.

He has also noticed a purchase of the November $36 puts in TAL Education Group TAL and he decided to follow the trade.

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Options traders were also buying Zoom Video Communications Inc ZM in big numbers. Around 10,000 contracts of the November $65 calls were traded in the name. Jon Najarian jumped in the trade and he is planning to hold the position for a month

Pete Najarian spoke about high options activity in Fidelity National Information Services Inc FIS. Options traders were buying the November $125 calls and they were selling the November $130 calls against them, explained Pete Najarian.

Micron Technology, Inc. MU calls were active on Wednesday. Pete Najarian noticed a purchase of the November $45 calls for around a dollar. He followed both Fidelity National and Micron trades and he is going to hold them for a very short time frame.