Pete Najarian Sees Unusual Options Activity In Scientific Games

On CNBC's "Fast Money Halftime Report", Pete Najarian spoke about unusually high options activity in Scientific Games Corp SGMS.

He noticed that a trader bought 11,000 contracts of the January 35 calls. Najarian decided to follow the trade and he is planning to hold the position for a couple of months. He likes the trade, because this trader has already had a right bet in Scientific Games Corp. In February 2017, she or he purchased the January 22 calls for $3 and sold it on Monday for $11.