Najarian Brothers See Unusual Options Activity In GM And Regions Financial

On CNBC's "Fast Money Halftime Report", Pete Najarian spoke about unusually high options activity in General Motors Company GM. Around 25,000 contracts of the March 49 calls were purchased Wednesday and traders were also selling the March 40 puts to help finance the purchase of calls. Pete Najarian owns shares of General Motors, but he hasn't bought calls yet.

Jon Najarian noticed high options activity in Regions Financial Corp RF. Traders were buying the December 16 calls. Around 6,000 contracts were traded and Jon Najarian decided to follow the trade. He is going to hold the position for four to six weeks.