Jon Najarian spoke on CNBC's Fast Money Halftime Report about a bullish options activity in Anheuser Busch Inbev NV (ADR) BUD.
He noticed that traders were buying the May 110 calls and the May 115 calls on Tuesday and he decided to make a bullish bet on the stock. Najarian bought the May 110 calls and he is planning to sell the May 115 calls and create a call spread. He is going to hold the position for a month.
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