Najarian Brothers See Unusual Options Activity In Facebook And Prudential Financial

On

, the Najarian brothers spoke about stocks with unusually high options activity. Pete Najarian said that

could test again its highs at $82, because he noticed big trading volume in the March 13, 85 strike calls. Over 8,000 contracts traded in the first hour and a half of Friday's session, added Najarian. Traders were paying around $0.30 for these options and the breakeven for the trade is at $85.30 or almost 7 percent higher. Jon Najarian noticed that someone bought around 13,000 contracts of the April 85 call options in

and most of them were traded at $1.50. He decided to follow this trade and he is planning to stay long for at least two weeks. To be profitable at the expiration these call options have to trade above $86.50 or approximately 5 percent higher.