Jon Najarian on CNBC's "Halftime Report" said he sees unusual options activity in Wells Fargo, Twilio and Macys.
Najarian says he sees unusual options activity in the Wells Fargo & Company WFC November $24.50 calls being bought very aggressively for $0.22. He noted 17,500 of those calls were traded early on today.
Najarian sees unusual options activity in the Twilio Inc. TWLO $300 calls with a Nov. 6 expiration date. Najarian notes people were paying $0.85-$1.26 for these which seemed more appealing than purchasing the stock around the $280 level.
Najarian also sees unusual options activity in the Macy's, Inc. M $6.50 calls which expire on Nov. 13. He notes investors may be betting on people having more spending money in their pockets.
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