Pete Najarian Sees Unusual Options Activity In Apple, Facebook And Nucor

Pete Najarian spoke on CNBC's "Options Action" about unusually high options activity in Apple Inc AAPL. During the session, he has noticed a purchase of 130,000 contracts of the September 10, $165 calls. Traders paid between 50 cents and a dollar for them.

Najarian has a long stock position in Apple, but he wants to buy a beta kicker so he is buying calls.

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He has also noticed very aggressive buying of the September $380 calls in Facebook, Inc. FB. Around 11,000 contracts were traded and traders paid between $1 to $2 for them.

Around 6,800 contracts of the October $140 calls in Nucor Corporation NUE were traded for a dollar in the first half of the session on Tuesday. Two large prints made the most of that volume, explained Najarian.