Pete Najarian Sees Unusual Options Activity In PayPal And Micron

Pete Najarian on CNBC's "Halftime Report" sees unusual options activity in PayPal Holdings, Inc. (NASDAQ: PYPL) and Micron Technology, Inc. (NASDAQ: MU)

Najarian sees unusual Paypal options activity in the $195 calls that expire Friday. Najarian notes he will be holding this for one week.

Najarian mentions people are buying strikes in the Micron $61 calls in November that expire Friday, the $64 calls that also expire in November. Najarian also mentions 21,000 contracts of the December $65 calls were purchased today.

He notes he owns both the stock and the options calls and will hold for a week.