Pete Najarian Sees Unusual Options Activity In Disney

On CNBC's Fast Money Halftime Report, Pete Najarian spoke about unusually high call options trading activity in Walt Disney Co DIS.

He said that over 12,000 contracts of the February 105 calls were purchased on Tuesday for $0.90. The trade breaks even at $105.90 or approximately 6.3 percent above the current stock price. Najarian decided to follow the trade. He was already in the stock and he bought call options in Disney on Tuesday.