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Jon Najarian Sees Unusual Activity In Home Depot And Occidental Petroleum

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On CNBC's "Fast Money Halftime Report," Jon Najarian said options traders bought around 6,000 contracts of the Sept. $245 calls in Home Depot Inc (NYSE: HD) for 10 cents. He joined the trade and he is going to hold the position for two weeks.

See Also: Mike Khouw Sees Unusual Options Activity In Macy's

Almost 20,000 contracts of the Oct. $47.50 calls were traded in Occidental Petroleum Corporation (NYSE: OXY) for around $1. Najarian followed the trade and he is planing to be in the position for almost a full month.

 

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