Date updated:07-09-2008
The "Fast Money" traders have observed some unusual options activity in a number of stocks.

-
CROX
Crocs - $5.12
- -1.35%
- $5.00
Pete Najarian is seeing unusual options activity in the September 7 Crocs calls. Crocs was a $70 stock that’s now trading around $7, explains Najarian. The options speculation suggests it could rally.

-
NLY
Annaly Capital Ma - $17.93
- -0.83%
- $17.99
And on a related note, options action in Annaly Capital (NLY)suggests this stock could soon mover lower, Najarian adds.
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A. I like the markets right now the stock
AM is a ok buy around 20.50 or under I
think there are better buys out in this
market besides AM I think if you wait
for another pull back you could buy some
in anticipation of the holiday season.
A. The only one I own : SLX,
too hard pick a winner out all of them
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Unusually active options can often indicate that a major event in a stock is about to take place, or that unsophisticated investors (using options in lieu of leverage) are ... more
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