Pete Najarian Sees Unusual Options Activity In Coca-Cola

On CNBC's "Fast Money Halftime Report," Pete Najarian said that he noticed unusually high bullish options activity in The Coca-Cola Co KO.

Over 10,000 contracts of the November 44 calls were traded in the first half of the trading session on Monday. Traders paid $1.25 for them, which sets the break even for the trade at $45.25 or 3.48 percent higher from the current market price. Najarian bought the stock a few months ago and he is going to continue to hold it.