Jon Najarian Sees Unusual Options Activity In IAA And ASHR

On CNBC's "Fast Money Halftime Report," Jon Najarian said traders bought 15,000 contracts of the November $55 calls in IAA Inc (NYSE:IAA). He likes the trade and he decided to follow it. He is planning to hold it for two months.

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSE:ASHR) was also pretty active as around 5,000 contracts of the January $36 puts were traded. Najarian joined the trade and he is going to hold these puts for two months.