Market Overview

Najarian Brothers See Unusual Activity In Abercrombie & Fitch, Under Armour And More


On CNBC's "Fast Money Halftime Report," Jon Najarian said that someone bought a lot of calls in Abercrombie & Fitch Co. (NYSE: ANF) on Wednesday. More than 10,000 contracts of the October $15 calls were traded for 20 cents in the first half of the session. He loves the trade and he decided to follow it.

Jon Najarian has also noticed a purchase of the November $22 calls in Builders FirstSource, Inc. (NASDAQ: BLDR). He jumped in the trade and he is planning to hold the position for a month.

See Also: Todd Gordon's Starbucks Options Trade

Pete Najarian spoke about high options activity in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM). Traders were buying the November $49 calls in the name. Pete Najarian has also bought these calls and he is going to hold them through the expiration.

Around 3,000 contracts of the October $19.50 calls in Under Armour Inc Class A (NYSE: UAA) were traded in the first half on Wednesday. Traders paid around 20 cents for them. Pete Najarian loves the risk-reward for the trade and he decided to jump in the trade.

Posted-In: CNBC Fast Money Halftime Report Jon Najarian Pete NajarianOptions Markets Media


Related Articles (BLDR + ANF)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Delta Air Lines Reports Q3 Earnings Beat

The Daily Biotech Pulse: UCB To Buy Ra Pharma, Reata Reacquires Rights To Nrf2 Activators From AbbVie, BioNTech IPO