Najarian Brothers See Unusual Options Activity In Williams Companies Inc And EQT Corporation

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On
CNBC's Fast Money
, Pete Najarian spoke about bullish options bets in
Williams Companies IncWMB
. Earlier this week he noticed bullish activity in the February 20, 47 strike calls and traders were rolling out that position on Friday. He also noticed that traders sold to close 47 / 49 call spread which reached its maximal profit at $49. Some people think that the stock is going to $50, added Pete Najarian. He agrees and he is along for the ride. Jon Najarian presented a chart of
EQT CorporationEQT
, a natural gas stock, which gained around 9 percent in a month. Cold weather in the U.S. is helping its move higher. Traders were buying the March 90 calls on Friday. They traded between $0.25 and $0.35. Jon Najarian decided to follow that trade and he is probably going to hold that position for two weeks.
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Posted In: CNBCMediaJon NajarianPete Najarian
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