Najarian Brothers See Unusual Options Activity In Swift And Marathon Oil

On CNBC's Fast Money Halftime Report, Jon Najarian said he noticed unusually high volume in the April 23 calls in Swift Transportation Co (NYSE:SWFT) on Wednesday. Traders bought around 3,500 contracts in the first half of the trading session and they $1 paid for them. The trade breaks even at $24 or 8.45 percent above the current market price. Jon Najarian followed the trade and he is planning to hold the position for two weeks.

Pete Najarian spoke about options trading volume in Marathon Oil Corporation (NYSE:MRO). Over 10,000 contracts of the April 18 calls were bought on Wednesday and traders paid around $0.30 for them. The trade breaks even at $18.30 or 11.25 percent higher. Pete Najarian has a long position in Marathon Oil and he is planning to hold it for a couple of weeks.