I'm watching unusual options action in Intel (INTC) and Advanced Micro Devices (AMD), explains OptionMonster Jon Najarian. There has been aggressive call buying in both stocks, Najarian said.

I'm watching unusual options action in Intel (INTC) and Advanced Micro Devices (AMD), explains OptionMonster Jon Najarian. There has been aggressive call buying in both stocks, Najarian said.

I’ve spotted bullish call buying in Gold Fields (GFI) as well as Barrick Gold (ABX), adds Jim Iurio. I like playing miners because you tend to get bigger moves in miners then in the spot price.

I’ve spotted bullish call buying in Gold Fields (GFI) as well as Barrick Gold (ABX), adds Jim Iurio. I like playing miners because you tend to get bigger moves in miners then in the spot price.

Options Action trader Mike Khouw said if you want to hedge against market losses for an overall portfolio you should buy the Jan 103 and 105 puts (at the money) and sell the Jan 95 puts for the SPDR S&P 500 ETF (SPY). He said the risk is $2.85 to make a possible $7.15.

I’ve noticed call buying in the front month in names such as Aetna (AET) and WellPoint (WLP) and call selling in the out months, explains Jared Levy. That suggests to me a lot of the names are overbaked and there’s limited upside in the future.

I’ve noticed call buying in the front month in names such as Aetna (AET) and WellPoint (WLP) and call selling in the out months, explains Jared Levy. That suggests to me a lot of the names are overbaked and there’s limited upside in the future.