However, I see real optimism in both Home Depot (HD) and Lowe’s (LOW), Najarian adds. There’s very strong call buying in Home Depot. And I’ve noticed positive institutional buying in Lowe’s

However, I see real optimism in both Home Depot (HD) and Lowe’s (LOW), Najarian adds. There’s very strong call buying in Home Depot. And I’ve noticed positive institutional buying in Lowe’s

The retailer I don’t like is JC Penney (JCP), he adds, I see put buying that appears to be negative.

I like Wal-Mart, says Jon Najarian on Fast Money. And the large volume of call buying in this stock would make most investors feel positive. But I don’t think now is the time to buy. The recent upside mainly comes from interest in their dividened (not from stronger-than-anticipated sales.)

I think we could go to $110, says Joe Terranova. Friday is the options expiration for the September contract. The open interest in puts at the $110 strike is above 25,000 and building.

I wouldn’t get into gold without protection, says Jon Najarian. Look at an option trade on the GLD, calls if you’re bullish and puts if you’re bearish.

Keep an eye on CSX Corp (CSX) and Union Pacific (UNP) Najarian counsels. The put buying appears bearish. I think they’re breaking down. As the commodity trade unravelsit could take the rails lower.

Keep an eye on CSX Corp (CSX) and Union Pacific (UNP) Najarian counsels. The put buying appears bearish. I think they’re breaking down. As the commodity trade unravelsit could take the rails lower.