Jon Najarian Sees Unusual Options Activity In Micron

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On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about bullish options activity in Micron Technology, Inc. MU. He said traders were aggressively buying the September 33 calls.

They paid around 50 cents for them, which sets the break even for the trade at $33.50 or 9.16 percent higher. Najarian decided to follow the trade and he is planning to hold the position for 1 to 2 weeks.

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Posted In: CNBCOptionsMarketsMediaFast Money Halftime ReportJon Najarian
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