Also I’m seeing increased volume in Seagate Technology (STX) put options, Najarian adds. That suggests to me that the stock could go lower.
AFTER HOURS ACTION: CHIPOTLE
The headline: Chipotle (CMG) Shares Tumble After Hours On Lower-Than-Expected Earnings
Are you surprised, exclaims Jeff Macke.
OIL HITS 1-MONTH HIGH
The headline: Crude Oil Climbs 2.3% To $95.46, Fueled By Thursday's Inventory Report.
Oil surged more than 2 percent to top $95 a barrel on Thursday, spurred by supply concerns and strong economic data from giant consumers the United States and Japan, says Dylan Ratigan. The rise added to gains earlier in the week that came amid an escalating legal battle between Exxon Mobil Corp (XOM) and Venezuela over the nationalization of a giant heavy oil project.
Watch XTO Energy (XTO) says Guy Adami. I think it’s priced Friday. If you want to play nat gas look to XTO if there’s a sell-off.
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Trader disclosure: On Feb.14, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (ATVI), (YHOO), (INTC; Najarian Owns (C), (CSCO), (MS), (MSFT), (YHOO), (MCD), (XLF), (NOK), (ETFC); Najarian Owns (AAPL) Calls; Finerman Owns (GS); Finerman's Firm Owns (SUN), (TSO), (VCLK), (AAPL), (WMT); Finerman's Firm Owns (MSFT) And Is Short (MSFT) Calls; Finerman's Firm Owns (YHOO) And Is Short (YHOO) Calls; Finerman's Firm Is Short (SPY), (IJR), (IYR), (MDY), (IWM), (WFC); Finerman's Firm And Finerman Own (FLS); Finerman's Firm And Finerman Own (HD), Finerman Owns (HD) Puts; Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm And Finerman Own (KALU); Finerman's Firm And Finerman Own (CROX) And (CROX) Options