Jon Najarian said on CNBC’s “Fast Money Halftime Report” he saw unusual options activity in Fluor Corp (NYSE:FLR) on Friday. When the stock was trading at about $16.90, options traders bought the August $17.50 calls. Najarian jumped in the trade and he is planning to hold the position for three weeks.
There was also some activity in International Game Technology PLC (NYSE:IGT) as traders were buying the October $24 calls. Najarian loves the upside play on reopening for the stock. He bought calls and he is going to hold them for two to three months.
