Market Overview

Najarian Brothers See Unusual Activity In Walmart And Oracle

Related WMT
Not Just A Toy Story: Market Winners And Losers From The Toys 'R' Us Liquidation
After Three Consecutive Lower Closes, Can Market Recover On Slow News Day?
A Look At Brand 'Intimacy' Within The Millennial Consumer Base (Seeking Alpha)
Related ORCL
The Oracle Debate: Buy The Dip Or Abandon Ship?
Mid-Afternoon Market Update: MuleSoft Gains Following Report Of Takeover Interest From Salesforce; Proteostasis Therapeutics Shares Slide
The Vetr community has upgraded $ORCL to 4.5-Stars. (Vetr)

On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about high options volume in Wal-Mart Stores Inc (NYSE: WMT). When the stock was trading around $96.50, options traders were buying the February 100 calls aggressively. Najarian followed the trade and he is planning to hold it for two weeks.

Pete Najarian spoke about Oracle Corporation (NYSE: ORCL), which is due to report earnings Thursday. Around 7,500 contracts of the March 55 calls were traded in the first half of the session. The volume is unusual because it's much higher than the open interest.

Posted-In: CNBC Fast Money Halftime Report Jon Najarian Pete NajarianOptions Markets Media


Related Articles (ORCL + WMT)

View Comments and Join the Discussion!