He has also added to his Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) because he noticed traders were buying the April $95 calls.
People are betting pretty big that in the short term Exxon Mobil Corporation (NYSE:XOM) is going to trade higher, explained Najarian. Traders bought the November $33.50 calls on Thursday in Exxon Mobil. Najarian decided to join the trade and buy these calls.