Najarian Brothers See Unusual Options Activity In Tripadvisor, Ciena And Vipshop

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On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about a bullish options activity in Tripadvisor Inc TRIP. He said that somebody bought around 3,000 contracts of the August 40 call in the first half of the trading session.

He also noticed that traders were buying the October 26 calls in Ciena Corporation CIEN. Jon Najarian followed the trade and he's planning to hold the position for two months.

Pete Najarian said that he noticed increased options activity in Vipshop Holdings Ltd - ADR VIPS. Traders were buying the July 11.50 calls. Over 7,000 contracts were bought as somebody is expecting the stock to move above $11.50.

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Posted In: CNBCOptionsMarketsMediaFast Money Halftime ReportJon NajarianPete Najarian
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