Pete Najarian spoke on CNBC's "Fast Money Halftime Report" about unusually high options activity in KKR & Co Inc KKR and Home Depot Inc HD.
When you have got cheap debt and strong markets, KKR & Co is doing very, very well, said Najarian. Traders see this stock trading higher as around 4,400 contracts of the September $70 calls were bought for around a dollar.
A little over 4,000 contracts of the August $337.50 were traded in Home Depot in the first half of the trading session on Thursday. It won't take a lot for the stock to trade to that level and somebody thinks it's going to happen in a hurry, said Najarian.
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