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
    Aauk
  • $0.00
  • N/A
  • $N/A

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
  • $24.73
  • 0.00%
  • $N/A

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: AAPLALJFTIAEPEDEEPENB

TheStreet.com Rating: C+ What is this?

  • +
  • FCX
    Freeport Mcmoran
  • $82.94
  • +0.45%
  • $84.35

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

People owning FCX also tend to own: AAPLBLE.TOCHINACTRPELR.TOEMUFMCN

TheStreet.com Rating: D What is this?

  • +
  • TM
    Toyota Mtr Cp Ads
  • $76.79
  • +0.51%
  • $76.61

“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: C What is this?

  • +
  • KG
    King Pharmaceutic
  • $11.34
  • +1.07%
  • $11.25

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: AEPAHRAUOBLSGMHONIPG

TheStreet.com Rating: C- What is this?

  • +
  • DOW
    Dow Chemical
  • $26.71
  • +2.89%
  • $26.18

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: AAALLAPCBUDCOPCVXGSK

TheStreet.com Rating: C- What is this?

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