Options action in Broadcom (BRCM) also suggests this stock could go higher. They make the touch screen for the iPhone and I think the stock is climbing on that iPhone strength, Najarian says.

Options action suggests Zimmer (ZMH) could trade higher, reveals Jon Najarian. There’s speculation that Johnson and Johnson (JNJ) is looking at buying Zimmer, but it’s only market rumor, he emphasizes.

Jon Najarian is also seeing heavy options action in Nvidia (NVDA). He’s seeing “a ton” of out of the money calls and in the money calls trading.

Jon Najarian has spotted unusual options action in Watson Pharmaceuticals (WPI) mid-day Thursday. Watson is trading higher despite a ruling that its generic drug 'Naproxen' poses a patent infringement.

Meanwhile, Gilbert also tells the Fast Money traders about upside call buying in SanDisk (SNDK). Based on chatter Seagate (STX) could buy all or part of Sandisk, she says.

I've noticed heavy call buying on Lululemon Athletica (LULU). There’s chatter that Nike (NKE) could be interested in LULU.

I see a lot of options action for Ryland Group (RYL) in the October puts. Not sure exactly what to make of it but have it on the radar, Najarian said.

Traders are buying the September upside calls in VMWare (VMW), explains Najarian which makes me think there’s positive news coming.