Najarian Brothers See Unusual Option Activity in $MAR & $STZ

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

In MAR, traders rolled from the April $135 calls to the April $140 calls. Jon likes this trade, and is in this one for about 1 month.

Pete is seeing activity in STZ, where traders bought up 4,200 Feb $230 calls and selling the February $250s against them. Pete is in the stock, and plans to sell calls against his shares.