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 (
Bearish signs in Constellation Brands(STZ - Get Report) chart
: Ahead of tomorrow's earnings report there is a large-scale potential bearish "head and shoulders" pattern on the daily chart of the alcoholic beverage company.
Bulls boosts bet on Indian bank
: One big investor has been waiting for
to break through $40 and ups the ante by rolling forward a position by two months.
Abercrombie & Fitch(ANF - Get Report) trade looks for drop
: The clothing retailer has been trapped in a tight range in the last month, but a large option order indicates that at least one trader apparently expects the stock to fall soon.
Subtle bullish pattern in Caterpillar(CAT - Get Report)
: Price patterns can often emerge when we least expect them to, even in the relative absence of immediate catalysts. A case in point is showing now on Caterpillar's chart.
CIT Group(CIT - Get Report) attracts bullish trade
: Options action is turning bullish less than a month after the business lender emerged from bankruptcy protection.
Smith & Wesson(SWHC - Get Report) bulls gun for rally
: The gun maker has been languishing since making a big surge last spring, and now the bulls think it will shoot higher again.
VIX hits new 16-month closing low
: The S&P 500 has kicked off the New Year in style, which has driven its volatility index to its lowest level since August 2008.
Allos Therapeutics(ALTH) receives vote of confidence
: The biopharmaceutical company has been pushing higher for the last month, and one investor is confident it will hold its hold its ground.
El Paso(EP) draws large volatility trade
: Put buying in El Paso caught our attention this morning, but on further inspection it wasn't as bearish as it first appeared.