Jon Najarian Sees Unusual Options Activity In Cerner

Jon Najarian said on CNBC's Fast Money Halftime Report he noticed unusually high call options activity in Cerner Corporation CERN.

Over 5,000 contracts of the March 52.50 calls were bought in the first half of the session on Tuesday, explained Najarian. He finds this volume significant because it's much higher than the size of the open interest at the moment of purchase. The open interest was around 1,000 contracts before the purchase. He decided to follow the trade and he's planning to hold his long position in Cerner for two to three weeks.