"So many stocks today looked like what Procter & Gamble (PG) did on Monday morning -- hanging a point or two above a strike but really vulnerable." "Adrift Before a Crucial Moment," 6-16-09

"There are so many stocks that are so far from their strikes but are vulnerable -- I mean if JPMorgan Chase (JPM) doesn't rally from here it could go to $30 and, holy cow, that would be bad." "Adrift Before a Crucial Moment," 6-16-09 ... As for banks, Cramer said "you have to look at the option market. There's a "gigantic June 35 put position" in JPMorgan (JPM), he said. "If they start selling those puts, that stock could go to $35." "Cramer's 'Stop Trading!'" 6-16-09

He said that rather than trade individual stocks, "people want to trade ETFs." And when it comes to retail ETFs, he prefers PowerShares Dynamic Retail (PMR) to Retail HOLDRs (RTH). There's "too much concentration in the RTH," and Best Buy (BBY) is "controlling" it, he said. The ETF is "not a good judge anymore." "PMR is the better ETF to trade if you're negative on retail," Cramer said. "Cramer's 'Stop Trading!'" 6-16-09

He said that rather than trade individual stocks, "people want to trade ETFs." And when it comes to retail ETFs, he prefers PowerShares Dynamic Retail (PMR) to Retail HOLDRs (RTH). There's "too much concentration in the RTH," and Best Buy (BBY) is "controlling" it, he said. The ETF is "not a good judge anymore." "PMR is the better ETF to trade if you're negative on retail," Cramer said. "Cramer's 'Stop Trading!'" 6-16-09

He said that rather than trade individual stocks, "people want to trade ETFs." And when it comes to retail ETFs, he prefers PowerShares Dynamic Retail (PMR) to Retail HOLDRs (RTH). There's "too much concentration in the RTH," and Best Buy (BBY) is "controlling" it, he said. The ETF is "not a good judge anymore." "PMR is the better ETF to trade if you're negative on retail," Cramer said. "Cramer's 'Stop Trading!'" 6-16-09

"GE (GE) could hit $12-and-a-half, Bank of America (BAC) could hit $12-and-a-half, and JPMorgan could be driven the other way by the put-selling," he said. "Cramer's 'Stop Trading!'" 6-16-09

"GE (GE) could hit $12-and-a-half, Bank of America (BAC) could hit $12-and-a-half, and JPMorgan could be driven the other way by the put-selling," he said. "Cramer's 'Stop Trading!'" 6-16-09

"I should've gotten out when they cut the dividend. I stuck with it too long. But I still think it's the best way to play fertilizer and I still like it. " "Mad Money Lightning Round," 6-16-09