Jon Najarian Sees Unusual Options Activity In Pinnacle Foods

On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about bullish options activity in Pinnacle Foods Inc PF. He explained that the stock traded higher on rumors about a possible takeover.

Najarian noticed unusually high volume in the December 65 calls, but several other strikes were pretty active too. He decided to buy calls in Pinnacle Foods and he is planning to hold them between 10 days and a month.