Pete Najarian Sees Unusual Options Activity In Deutsche Bank AG (USA)

, Pete Najarian spoke on the show about unusually high options activity in

on Friday. Najarian said that

is trading underneath a half of its book value, pricing in all the negative news about Europe. He added that there was a huge buying in the April 35 call options as over 20,000 contracts were traded. Traders were paying $0.55 for the strike to make a bullish bet.

jumped 0.54 percent on Friday and it closed at $29.89.