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

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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

 

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