Najarian Brothers See Unusual Options Activity In Etsy And Broadcom

On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about big options volume in Etsy Inc ETSY. He said that traders bought around 6,000 contracts of the September 15 calls in the first half of the session. He added that they were selling the strike above it. He jumped in the trade and he is planning to hold the position for a month.

Pete Najarian noticed that traders were buying the January 320 calls in Broadcom Ltd AVGO. He explained that the options activity in the name is unusual because this is a second week in a row with increased options volume. He bought the calls and he is planning to hold them for a couple of months.