Jon Najarian Sees Unusual Options Activity In Lyft And More

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On CNBC's "Fast Money Halftime Report," Jon Najarian said he bought the November $30 calls in Lyft Inc LYFT because he noticed unusually high activity in the options contract.

He has also added to his Taiwan Semiconductor Mfg. Co. Ltd. TSM because he noticed traders were buying the April $95 calls.

People are betting pretty big that in the short term Exxon Mobil Corporation XOM is going to trade higher, explained Najarian. Traders bought the November $33.50 calls on Thursday in Exxon Mobil. Najarian decided to join the trade and buy these calls.

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Posted In: OptionsMarketsMediaCNBCFast Money Halftime ReportJon Najarian
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