Pete Najarian Sees Unusual Options Activity In Mr. Cooper And Workday

On CNBC's "Fast Money Halftime Report," Pete Najarian spoke about unusual options activity in Mr Cooper Group Inc COOP. Options traders bought around 10,000 contracts of the January $35 calls in Mr. Cooper in the first half of the session on Tuesday. They were paying around $2.90 for them and they have also hedged themselves with a sale of 15,000 contracts of the January $40 calls.

Najarian has also noticed a purchase of the July 9, $247.50 calls in Workday Inc WDAY. Around 4,500 contracts were traded in the first half and traders were paying between 50 cents and 76 cents for them.