Jon Najarian Highlights Unusual Activity In PayPal And Freeport-McMoRan

On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusual options activity in Paypal Holdings Inc PYPL. He noticed traders are buying the November $105 calls in the name and he decided to jump in the trade.

The December $12 calls in Freeport-McMoRan Inc FCX were also active. Najarian bought them and he is planning to hold the position for a month.

Start Futures Trading Fast — with a $200 Bonus

Join Plus500 today and get up to $200 to start trading real futures. Practice with free paper trading, then jump into live markets with lightning-fast execution, low commissions, and full regulatory protection.

Option Traders Make Big Bets On Disney Ahead Of Earnings, Streaming Launch

FCXFreeport-McMoRan Inc

$37.35-0.66%