Mike Khouw Sees Unusual Options Activity In AT&T

On CNBC's "Options Action," Mike Khouw said he saw more than 5 times the average daily call volume in AT&T Inc. T on Thursday.

The most active options in the name were the weekly $27.50 calls as over 93,000 contracts were traded for around 22 cents. The trade breaks even at $27.72 or around 0.3% above the closing price on Thursday.