On CNBC's "Fast Money Halftime Report," Pete Najarian said traders bought around 5,000 contracts of the June $48 calls in Harley-Davidson Inc HOG in the first half of the trading session on Wednesday. They paid $1.60 for them, which sets the breakeven for the trade at $49.60 or 3.57% above the current price.
Najarian has also noticed a purchase of over 4,000 contracts of the June $20 calls in Vuzix Corp VUZI. They were trading between 85 and 90 cents. The trade breaks even around 11% above the current stock price.
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