Pete Najarian Likes WFT

Pete Najarian said on CNBC's Fast Money that he likes Weatherford International Ltd. WFT in the energy sector. Weatherford International Ltd. (WFT) jumped 3.39% today. Pete Najarian added that he spotted an unusual options activity in BP plc (ADR) BP. Investors were interested in the January 7.5 puts, and more than 9,000 contracts were traded. Mr. Najarian commented that this was a very bearish bet. BP gained 1.43% today and closed at $31.85. It had a huge volume today, with 235.28M shares traded.
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Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasEnergyIntegrated Oil & GasOil & Gas Equipment & ServicesPete Najarian
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