On CNBC's Fast Money Final Trade, Pete Najarian spoke about unusually high call options volume in salesforce.com, inc. CRM.
He noticed that over 11,000 contracts of the March 85 calls were traded in the first half of the session on Monday and traders were paying $1 on average for them. The trade breaks even at $86 or approximately 10 percent above the current stock price.
Najarian decided to follow the trade and he is planning to hold a long position in salesforce.com at least until the end of February, when the company reports earnings.
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