Shares in social media company LinkedIn floated nearly 8 percent higher after it beat Wall Street expectations for quarterly revenue. The sharp climb marks a good selling point, Adami said.
"I wonder if this is the euphoria to take profits in. My sense is you do," he said.
Dan Nathan is long YUM Feb 72.50/68 put spread, TWTR, TWTR Feb 37.50 puts, BBRY June call spread, XLU March 48 / 44 put spread, QQQ Feb 101/ 95 put spread, XRT March 90/85 put spread and DIS Feb 92.50/87.50 put spread. He is short TWTR June 52.50 calls.
Steve Grasso is long AAPL, BA, CLVS, EVGN, FB, GDX, GOOGL, IMMR, KBH, KDUS, MHY, MJNA, NVIV, PFE, POT, SO, T, TMUS, TWTR and YHOO. His firm is long AMZN. His kids are long EFG, EFA, EWJ, IJR and SPY.
Karen Finerman is long BABA, BAC, C, FINL, FL, GOOG, GOOGL, M and MTW. Her firm is long AAPL, BAC, PLCE, C, CMLS, DIS, FBT, FINL, FL, GOOG, GOOGL, GPS, IBB, JPM, KORS, M, MTW, SUNE and XBI. Her firm is long calls C spreads and JPM spreads. Karen Finerman is on the board of GrafTech International.
Guy Adami is long CELG, EXAS and INTC. Guy Adami's wife, Linda Snow, works at Merck.