Pete Najarian Bought Calls In Western Digital, Murphy Oil And More

On CNBC's "Fast Money Halftime Report," Pete Najarian spoke about Western Digital Corp WDC, which got upgraded to Buy on Friday at Goldman Sachs. The analyst increased the price target from $56 to $85.

Najarian bought the March $66.50 calls in Western Digital because he noticed unusually high volume. Around 5,000 contracts were traded and they expire in a week. He said that Western Digital is one of the stocks with better valuation.

Najarian also bought calls in Murphy Oil Corporation MUR because he is looking for upside in the energy sector. He also noticed unusually high options activity in Murphy Oil.

Square Inc SQ and Community Health Systems Inc CYH were among the stocks that caught Najarian's attention on Friday. He bought calls in these names.