Also the options action in National Semiconductor (NSM) suggests to me there could be a big catalyst infront of this stock, Najarian said.

Also in the energy space I’m seeing unusual options action in ReneSola (SOL). I’d keep an eye on this maker of solar wafers. - Pete Najarian

If you’re looking to trade the space I’d do it with solar, counsels Pete Najarian. Take a look at Yingli (YGE). Recent options action has been bullish in this name.

Options trading suggests a lot of uncertainty right now, adds Jared Levy Peak 6. There are a lot of straddles out there – investors are buying calls and puts – it seems they’re banking on a big move in either direction on the SPDR (SPY).

I’m seeing a big seller of the $12.50 puts in the Limited (LTD), adds Jared Levy. This gives investors more downside room.

I have my eye on Western Refining (WNR), reveals Pete Najarian. The volume of calls traded on Wednesday looks bullish for this stock.

In the space, keep an eye on services names, adds Pete Najarian. Options action in BJ Services (BJS) suggests the stock could go higher.