Fast Money's Options Action Stock Plays
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Date updated:12-24-2008

The traders highlighted some unusual options activity.

symbol name last price % change open
  • +
  • CHK
    Chesapeake Energy
  • $24.17
  • -2.78%
  • $23.82

look at Chesapeake [CHK]. It’s pulled back and I think it’s a fabulous buy around $15. Also option trading in this stock suggests it could go higher.” - Jon Najarian

People owning CHK also tend to own: ACIAINVANRAPCBBDBTUCMCSK

TheStreet.com Rating: C What is this?

  • +
  • SYK
    Stryker Cp
  • $49.69
  • -1.39%
  • $49.34

“Unusual call buying in the front month (January calls) suggests shares of Stryker [SYK] could go to about $45,” says Najarian. “Currently it’s trading at about half it’s 52-week high.”

People owning SYK also tend to own: AUYBHPCHKCVSGRMNLMTNVT

TheStreet.com Rating: B- What is this?

  • +
  • MSFT
    Microsoft Corpora
  • $29.22
  • -1.91%
  • $29.01

Pete Najarian mentioned that Microsoft (MSFT) saw a lot of option activity Tuesday. He said February and April are traditionally busy months, adding the activity may indicate "people are looking for a turnaround in the company."

People owning MSFT also tend to own: AAPLAMDCSCODELLGOOGIBMINTC

TheStreet.com Rating: B What is this?

  • +
  • XAL
    Xal
  • $0.00
  • N/A
  • $N/A

It was the airlines [XAL] that performed today adds Pete Najarian. So, I got back in the game. Airlines are not hedged at extreme price levels as we once thought. I like them as a trade. And you can get almost a 20% premium for the February options on these airlines.

People owning XAL also tend to own: CHKMSFTROHSYK

TheStreet.com Rating: No Rating What is this?

  • +
  • ROH
    Roh
  • $0.00
  • N/A
  • $N/A

Karen Finerman told viewers to get long Rohm & Hass [ROH] call options.

People owning ROH also tend to own: BLSGLWHOTMRBKPNCQCOMSBUX

TheStreet.com Rating: No Rating What is this?

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Q. Regarding valuation analysis, Cr...
11.28.09 | 12:18 PM Asked by snassif

A. any forward growth guidance you get from
a company has to be taken with a grain
of salt. dubai was not news 2 days ago,
yesterday it clipped the s n p for 20
points. these are turbulent times and
all forward statements are a guess. 5
year ones are a joke. we've had a really
nice upternd for the last 8 months, that
may be coming to and end or at the very
least its probably gonna get choppy.
you're gonna have to be the judge of the
reliability of any future estimates and
any one stock can have multiple guesses
at theirs.

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