On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in Facebook, Inc. FB. Options traders were buying the December $207.50 calls in the name. Najarian thinks the stock is going to trade to the strike price and he likes the trade.
See Also: Facebook Option Traders Betting On A Holiday Rally
He has also noticed some activity in the December $230 calls in Home Depot Inc HD. He followed the trade and he is going to hold the position for 4 to 5 days, since it expires on Dec. 6.
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