Najarian Brothers See Unusual Options Activity In Nabors Industries And Cheniere Energy

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On CNBC's "Fast Money Halftime Report", Jon Najarian spoke about Nabors Industries Ltd. NBR. He said that somebody bought 6,500 contracts of the July 11 calls for $0.50 in the first half of the session. The trade breaks even at $11.50 or 16.28 percent above the current market price. Jon Najarian has a long position in the name and he is planning to hold it for a month.

Pete Najarian noticed that somebody bought 17,000 contracts of the July 55 calls in Cheniere Energy, Inc.LNG for $0.60. He followed the trade and he is planning to hold it until expiration. The trade breaks even at $55.60 or 9.90 percent higher.

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Posted In: CNBCOptionsMarketsMediaJon NajarianPete Najarian
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