Fast Money's Options Trading Ideas
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Created by barrons3
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Date updated:12-31-2008

The traders highlighted some unusual options activity that could be worth trading.

symbol name last price % change open
  • +
  • AAUK
    Anglo American Pl
  • $15.63
  • +0.26%
  • $15.20

Pete Najarian is seeing unusual options activity in Anglo American [AAUK]. The volume of call buying suggests to Pete that this stock could go higher.

People owning AAUK also tend to own: AAPLPDAKZOYBCSBTICOPDOW

TheStreet.com Rating: No Rating What is this?

  • +
  • LINE
    Linn Energy
  • $20.42
  • +2.20%
  • $20.00

Pete Najarian is seeing unusual options activity in Linn Energy [LINE]. Buying in the January 15 calls suggests to Pete Najarian this stock could go higher.

People owning LINE also tend to own: AAPLALJFTIDUKEDEEPENB

TheStreet.com Rating: D What is this?

  • +
  • FCX
    Freeport-mcmoran
  • $56.88
  • 0.00%
  • $57.70

Najarian said investors might consider buying options in Freeport McMoRan(FCX).

People owning FCX also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: D What is this?

  • +
  • TM
    Toyota Motor Corp
  • $80.99
  • 0.00%
  • $80.89

“If you want to trade Toyota (TM) I’d also buy a put,” adds Pete Najarian. “I think the stock could be bottoming out but bottom pickers can get a hand full of you know what.”

People owning TM also tend to own: AXAFDXNOKNUERTPSLBAAPL

TheStreet.com Rating: B- What is this?

  • +
  • KG
    King Pharmaceutic
  • $9.93
  • 0.00%
  • $9.61

Pete Najarian is seeing unusual options action in King Pharmaceuticals [KG]. The volume of call buying suggests to Pete Najarian that this stock could go higher.

People owning KG also tend to own: ABTAGNBMYBRLCEPHENDPFRX

TheStreet.com Rating: D+ What is this?

  • +
  • DOW
    Dow Chemical Co.
  • $18.73
  • 0.00%
  • $17.40

I’d take a look at Dow Chemical (DOW), adds Pete Najarian. I think the trade is the Feb 15 calls against the Feb 17 calls. That way you can limit yourself on a stock that has been unjustly crushed.

People owning DOW also tend to own: DLSDVYGEINTCMATUSTWFC

TheStreet.com Rating: C What is this?

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