From the options action I see, says Jon Najarian, I’m not seeing investors betting Lehman will go higher. They’re merely betting on stabilization.

Options action suggest that investors are making bets to the downside, but they’re small moves. Investors seem to think these stocks could drift lower through the first week in September but they’re both solid banks.

Options action suggest that investors are making bets to the downside, but they’re small moves. Investors seem to think these stocks could drift lower through the first week in September but they’re both solid banks.

I’m seeing unusual activity in Rambus (RMBS), says Jon Najarian. Options are moving like the stock could explode to the upside.

The volume of call buying suggests to me that this stock could go higher.

He also tells our Becky Quick that he has been adding recently to one of the two stakes Berkshire Hathaway already has in a pair of financial stocks, American Express (AXP) or Wells Fargo (WFC)although he wouldn't say which. I think it’s American Express, muses Jon Najarian, because I’m seeing twice the options action in Amex than Wells Fargo.

Jon Najarian is seeing unusual options action in Charles Schwab (SCHW) and Akamai (AKAM). That suggests to me positive news could soon send these stocks higher, he says.

Jon Najarian is seeing unusual options action in Charles Schwab (SCHW) and Akamai (AKAM). That suggests to me positive news could soon send these stocks higher, he says.