Jon Najarian Sees Unusual Options Activity In MGM Resorts

On CNBC's Fast Money Halftime Report, Jon Najarian spoke about a bullish options activity in MGM Resorts International MGM. He noticed higher than usual options trading volume in the June 32 calls.

Najarian explained that there were several block trades, but one block was especially high, with 4,000 June 32 call options traded. He decided to follow the trade and he is planning to hold a long position in MGM Resorts for at least a month.