Date updated:08-28-2008
The traders highlighted a number of options trading opportunities.

-
LEH
Leh - $0.00
- N/A
- $N/A
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.

-
STI
Suntrust Banks - $22.84
- -1.34%
- $23.02
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.

-
WFC
Wells Fargo & Co - $27.86
- -0.75%
- $27.89
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.

-
RMBS
Rambus - $18.38
- +9.93%
- $17.20
I’m seeing unusual activity in Rambus (RMBS), says Jon Najarian. Options are moving like the stock could explode to the upside.

-
TIE
Titanium Metals C - $10.03
- +0.30%
- $9.94
The volume of call buying suggests to me that this stock could go higher.

-
AXP
Amer Express Inc - $41.44
- -0.46%
- $41.57
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.

-
AKAM
Akamai Technologi - $24.27
- -1.30%
- $24.53
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.

-
SCHW
The Charles Schwa - $18.15
- -0.27%
- $18.20
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.
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