Market Overview

Fast Money Picks For March 7th (PM, PAY, CNX)

On CNBC's Fast Money, Tim Seymour said that he would buy Philip Morris International Inc. (NYSE: PM) at $82. Philip Morris International Inc. (PM) lost 1.59% today, and it closed at $84.06.

Karen Finerman likes VeriFone Systems Inc (NYSE: PAY), but since the stock had a big run she would sell call options in PAY. VeriFone Systems Inc (PAY) spiked 7.93% today, and it closed at $50.24.

Ron Insana advised viewers not to do anything tomorrow. He would just wait and watch technicals.

Jon Najarian has spotted an unusual options activity in Viropharma Inc (NASDAQ: VPHM). He said that investors are buying the April 25 puts, and the volume is bigger than its open interest. He would sell this stock. Viropharma Inc (VPHM) plunged 6.33% today, and it closed at $30.62.

Mike Khouw believes that it would be wise to sell put options in CONSOL Energy Inc. (NYSE: CNX), because the stock is close to its lows. CONSOL Energy Inc. (CNX) dropped 1.35% today, and it closed at $32.90.

Posted-In: Jon Najarian Karen FinermanCNBC Long Ideas Short Ideas Fast Money Media Trading Ideas

 

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