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Top Trader Pete Najarian Jumps Into LendingClub

Trader buys LendingClub calls
VIDEO1:0701:07
Trader buys LendingClub calls

LendingClub is down 62% year to date, and there appears to be no end in sight for the embattled peer-to-peer lender. The stock continues to hit new lows following CEO Renaud LaPlanche's shock resignation on Monday.

But that's not stopping "Halftime Report" expert Pete Najarian from jumping in. He spotted some bullish options action in the California-based company, and decided it was too good to pass up.

Pete Najarian owns LendingClub calls.