Options Recap: Medicis, Amazon, VIX

OptionMonster co-founder Pete Najarian provides options picks Monday, Wednesday and Friday in TheStreet.com's Deep in the Money Calls newsletter.

David Russell, reporter for OptionMonster.

NEW YORK (TheStreet) -- The following stories ran yesterday on optionMONSTER.com.

Are emerging markets done going up for 2009? Some big investors seem to think so.

Someone is bearish on Medicis Pharmaceuticals(MRX Quote) despite a lack of negative news.

Wesco International(WCC Quote) has been excluded from the recent rally and traded at a four-month low, prompting at least one investor to position for a rebound.

Amazon's(AMZN Quote) price action has stemmed from a gap down, and gaps, if they are not filled, have a tendency to beget more gaps.

One big investor is positioning for a pullback in the regional-banking sector after it rallied 21% in the previous month.

The VIX is up 16%, closing the gap on the VIX futures as the S&P 500 finally pulls back.