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
NEW YORK (
TheStreet) -- The following stories ran yesterday on optionMONSTER.com.
Options see Rambus
(RMBS - Get Report) going places: Options action surged to more than six times normal in Rambus on reports the company reached a legal settlement with
(NVDA - Get Report).
Puts active as Sallie Mae
(SLM) pulls back:
Student loan financing company Sallie Mae is down 20% over the past month, and one options trader is concerned about more downside
Wyeth receives bullish trade:
(PFE - Get Report)
purchase of Wyeth is approaching the finish line, and one big investor is trying to play merger arbitrage.
Bulls try Ann Taylor
(ANN - Get Report) on for size:
Ann Taylor is rallying on an upgrade from UBS, prompting some investors to bet on continued strength into earnings on Friday morning.
(BARE) faces bearish trade:
One big investor is positioning for a pullback in the maker of beauty products.
What Chinese markets may be telling us:
The unintended consequences of Chinese stimulus spending on the mainland's markets have captured the world's attention, following two down moves in the past three days.
(SBUX - Get Report) options active as stock continues to rally:
Starbucks is running with the bulls, and options traders see that continuing.
Levered ETFs getting bucked:
Levered ETFs may need warnings, but using them isn't gambling.
Options position for downside in gold miners:
One big investor is positioning for a decline in the gold-mining sector as weakness spreads in the broader market.