Najarian Brothers See Unusual Options Activity In XPO Logistics And US Steel

On CNBC's "Fast Money Halftime Report", Jon Najarian said that options traders were buying the August 65/70 call spread in XPO Logistics Inc XPO on Wednesday. He sees more room on the upside in the name and he decided to follow the trade. He is planning to hold the position for a month.

Pete Najarian noticed bullish options activity in United States Steel Corporation X. Around 8,000 contracts of the July 34 calls were traded in the first half of the session on Wednesday. Pete Najarian is bullish on the name and he decided to buy the calls.