Jon Najarian Sees Unusual Options Activity In Mondelez

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On CNBC's Fast Money Halftime Report, Jon Najarian spoke about unusually high bullish options activity in Mondelez International Inc MDLZ.

He said that somebody bought nearly 6,000 contracts of the May 46 calls in the first half of the trading session, which is significantly higher than its usual volume. Najarian decided to follow the trade and he is planning to hold the position for a week. The company is going to report earnings after the closing bell.

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Posted In: CNBCOptionsMarketsMediaFast Money Halftime ReportJon Najarian
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