On CNBC's "Fast Money Halftime Report", Pete Najarian spoke about unusually high options activity in Procter & Gamble Co PG.
He noticed that the September 92.50 calls were active in the first half of the trading session on Friday. Around 5,600 were traded for approximately 35 cents. The trade breaks even at $92.85 or 4.79 percent above the current stock price. Najarian decided to follow the trade and he's going to hold the position for a couple of months.
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