Najarian Brothers See Unusual Option Activity in $BBRY & $BMY

On today’s CNBC Halftime Report, Jon and Pete Najarian are seeing unusual option activity in BBRY and BMY.

Jon Najarian is seeing activity in BBRY, where traders were buying the November $10 calls for $.80-$.90, giving them 45 days to bet that the stock goes higher. Jon is in these for 2-3 weeks.

Pete Najarian is seeing activity in BMY, where traders were buying the November $67.5 calls for around $.70. Traders are looking for new 52-week highs, and Pete is in these for about 1 month.