Najarian Brothers See Unusual Options Activity In Disney, AbbVie

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On CNBC's Fast Money Halftime Report, Pete Najarian said that he noticed some call options buying in Walt Disney Co DIS. Over 10,000 contracts of the June 115 calls were bought in the first half of the session on Wednesday. He has a long position in Disney and he believes it's going to reach $115 soon.

Jon Najarian noticed that somebody bought the August 67.5 calls in AbbVie Inc ABBV. He thinks this is a bullish sign, but instead of buying the August expiry calls, he decided to buy a call spread that expires in a month.

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Posted In: CNBCOptionsMarketsMediaJon NajarianPete Najarian
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