Najarian Brothers See Unusual Option Activity in $CTL, $TECK & $MRVL

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in $CTL, $TECK and $MRVL.

Jon is seeing unusual activity in $CTL, as traders purchased over 3,000 of the May $10 calls for $2.07 to $2.15 as part of a bullish roll. Jon bought these calls and will be in them for about two weeks.

Jon is also seeing unusual activity in $TECK, as traders purchased 2,800 of the May $25 calls for $0.83 to $0.94. Jon also bought these calls.

At the same time, Pete is seeing unusual upside activity in $MRVL, as 4,400 of the 03May $24.50 calls were bought for about $0.50 as part of a bullish roll. Pete owns MRVL calls, citing the continued bullish interest in the name.