Jon Najarian Sees Unusual Options Activity In McDonald's And Capri Holdings

On CNBC's "Fast Money Halftime Report," Jon Najarian said options traders traded around 6,000 contracts of the August $245 calls in McDonald's Corp MCD in the first half of the session on Monday. He bought the August $240 calls and he is going to be very quick to take profits or cut losses because the action in McDonald's is very short term.

Capri Holdings Ltd CPRI was also pretty active as traders were buying the August $58.50 calls. He jumped in the trade and he is planning to hold the position for a few days as these options expire on Friday.