MarkWest Energy is up nearly 17 percent and has attracted the attention of options traders.
Traders have been buying calls for the last week in the natural gas company, which was near its highs of the session at $11.10 at midday.
The January 10 calls are trading at $1.20.
- MWE: Insider Trading
- MWE: Complete Options Chain
- More Options Tips from Jon Najarian
MWE shares have steadily declined since their 2008 closing high of $37.80 back in early June. MarkWest hit a 52-week intraday low of $6.55 on Dec. 23 after its latest downgrade.
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More Independent/Small-Cap NatGas Cos.
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Forest Oil
Pioneer Natural Resources
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Jon 'DRJ' Najarian is a professional investor, CNBC contributor, and cofounder of OptionMonster.com.
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