Najarian sees unusual Paypal options activity in the $195 calls that expire Friday. Najarian notes he will be holding this for one week.
Najarian mentions people are buying strikes in the Micron $61 calls in November that expire Friday, the $64 calls that also expire in November. Najarian also mentions 21,000 contracts of the December $65 calls were purchased today.
He notes he owns both the stock and the options calls and will hold for a week.