Najarian Brothers Highlight Unusual Option Activity In Sanofi, JetBlue And More

On CNBC's "Fast Money Halftime Report," Jon Najarian said traders were aggressively buying the December $15.50 calls in Teck Resources Ltd TECK on Wednesday. They picked the $15.50 strike, although the price has already jumped above that level. Najarian followed the trade and he is going to hold the position until the December expiration.

Sanofi SA SNY was also active. Traders were buying the January $48 calls. The expiration is covering the J.P. Morgan Healthcare Conference.

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Pete Najarian noticed a big volume in the December $20 calls in JetBlue Airways Corporation JBLU. Almost 30,000 contracts were traded in the first half of the session.

Around 2,500 contracts of the April $18 calls were traded in Nuance Communications Inc. NUAN for $1.15. The trade breaks even at $19.15 or 9.12% above the current stock price.