Date updated:02-12-2008
Jon Najarian has spotted some interesting movers popping in the options market. Find out what’s moving and why

-
FNM
Fannie Mae - $1.05
- +0.96%
- $1.07
Investors are buying puts in a big way. They’re betting the stocks breaks below 30 in the short term.

-
CNET
Cnet Networks - $0.00
- 0.00%
- $N/A
Speculation is circling Wall Street that Google might take a stake in CNET. Options buyers are snapping up the 10-strikes suggesting the stock could go to $10.

-
QQQQ
Powershares Excha - $43.51
- +2.14%
- $42.92
Options traders have sold out of the long February puts and are now buying them in March. It suggests to me, says Najarian, that they anticipate a rest from the heat in the Nasdaq.

-
ACI
Arch Coal Inc - $23.32
- +5.23%
- $22.68
watch ACI or unusual options activity.

-
ATI
Allegheny Tech Ne - $33.84
- +3.87%
- $33.10
watch ATI or unusual options activity.
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