Najarian Brothers See Unusual Option Activity in $MRVL, $THC & $OXY

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

Jon is seeing activity in MRVL May $24 calls, where traders were buying them for about $1.35. Jon will be in this one for a few months.

He is also seeing activity in THC, where traders bought the February $17 calls, and Jon is in this one for a few weeks.

Pete is seeing activity in OXY, where traders bought February $77.50 calls for $1-1.25. Pete is in these for a few weeks.