Jon Najarian Sees Unusual Option Activity in $OCLR

On today’s CNBC Halftime Report, Jon Najarian is seeing unusual option activity in OCLR.

Traders were buying the January $10 calls, 10,000 of them, for $.60. They also sold the January $8 puts, to help finance the call buying. This is an indication that the stock will trade higher in January, and Jon is in the trade.