The volume of call buying in this stock suggests to me that it could soon bounce higher, says Najarian.

Call buying on Thursday suggests to Pete that this stock could go higher.

The call buying in this stock suggests to Pete there could be significant upside in this stock. I think Juniper is going to $25, adds Guy Adami.

There’s been heavy call buying on GLD in anticipation of Friday’s options expiration, (call buying has outpaced put buying by a 3:1 ratio) says Susquehanna Market Strategist Stacey Gilbert.

Forget the rumors, says Pete Najarian. There were a lot of speculative options trading. "It seems the someone is looking for UBS to come back on the 2 for 1 split that was unannounced."

Pestrichelli came on again to mention something he found quite interesting with Research In Motion. He said the stock was trading around $130 and a lot of it probably had to do with the many $130 put options that were bought today. Najarian said he believes Pestrichelli is right from the put activity that occurred today. He ended by saying "it'll be interesting to see how people will interpret the move tomorrow morning."

Energy Select (XLE) had large call option activity, according to Najarian. He said the movement in the oil sector all started when someone bought large call options in Energy Select.

Najarian said he remains positive from knowing that insiders have been buying back the stock and that the call options activities is high. He says to "keep an eye on this one."