On CNBC's Fast Money Halftime Report, Pete Najarian spoke about unusually high options activity in SAP SE (ADR) SAP.
He said that traders were buying the April 70 call options for $1.65. Najarian explained that somebody thinks that the stock is ready to move higher after bouncing off the 50-day moving average.
The breakeven for this trade is at $71.65 at the April expiration.
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