Najarian Brothers See Unusual Option Activity in $DIS, $JNPR, $OXY & $ORCL

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $DIS, $JNPR, $OXY and $ORCL

Jon is seeing unusual activity in $DIS, as traders purchased 3,000 of the May $136 calls for $2.23 as part of a bullish spread. Jon bought these calls and plans to be in them from two weeks to a month.

Jon is also seeing unusual activity in $JNPR, as traders purchased 2,000 of the 26April $30.50 calls for $0.22 to $0.25. Jon also bought these calls and will be in them from a day to a day and a half.

Meanwhile, Pete is seeing unusual upside activity in $ORCL, as 3,500 of the May $56 calls were bought for $0.50 to $0.67. Pete bought these calls and will hold them for a month, give or take.

Pete also sees unusual activity in $OXY, as 10,000 of the May $65 calls were bought for $0.61 to $0.65.