On CNBC's Fast Money Halftime Report, Pete Najarian spoke about high call options volume in Anheuser Busch Inbev NV (ADR) BUD. He said that traders were buying the September 130 calls. He already has a long position in the name and he won't add to his long position. He is planning to hold the position until the September expiration.
Jon Najarian said that nearly 8,000 contracts of the May 27.50 calls in Snap Inc SNAP were traded on Thursday. He has a long position and he is going to hold it for a week. The company is going to report earnings next week.
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