Jon Najarian Sees Unusual Options Activity In Teradyne

On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about unusually high options activity in Teradyne, Inc. TER.

He noticed options traders were buying the February 47 calls in the name. Around 10,000 contracts were traded in the first half of the trading session and they paid around $1.30 for them. The trade breaks even at $48.30 or 6.60 percent above the current market price of the stock.

Najarian followed the trade and he is planning to hold the position for a week. The company is going to report earnings next week.