That segment was just about unusual option activity.. Which just happened to be sd. He wasnt making any calls about the company. Just telling people where they are putting their money. Look at the sept 8 calls btw.
From my scottrade account.. said it before najarian did.
"Sandridge Energy (NYSE: SD) opened at $7.24. So far today, the stock has hit a low of $7.17 and a high of $7.57. SD is now trading at $7.56, up $0.39 (5.44%). The stock hit its 52-Week high of $12.77 last April and set its 52-Week low of $4.55 in October. SD is trading higher today with the overall market. We have seen 3x the average number of option contracts trade on the stock today, 95% of which have been calls. S&P does not currently have a STARS rating for SD. We will just watch this one for now. There are no hedged trades we like the look of for SD.