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

David Russell, reporter for OptionMonster.

Below is a compilation of stories that ran yesterday on OptionMonster.com, which uses advanced monitoring systems to detect trading patterns by large institutional traders and retail investors.

Bearish spread in WellCare Health: Someone apparently thinks WellCare Health Plans ( WCG) is running out of gas.

Traders see upside in Cemex: Cemex ( CX - Get Report) has rallied 39% in the last week, and options traders are still bullish.

Some traders bearish on emerging markets: Emerging markets have significantly outperformed U.S. stocks over the past month, and some traders are positioning for a pullback.

America Movil sees heavy put buying: America Movil ( AMX - Get Report)has rallied more than 20% in a little more than a week, prompting some traders to position for greater volatility.

Options bullish on Zimmer Holdings: Traders are snapping up calls in Zimmer Holdings ( ZMH), betting that the medical-implant company will rally over the next month.

Wednesday Pre-Market:

Put selling surges as volatility wanes: Options traders aggressively sold puts Tuesday in companies such as Wells Fargo ( WFC - Get Report) and Forest Oil ( FST) to take advantage of high prices for volatility while they last.

Strategists target 1,000 level for S&P 500: There is near-universal consensus that the 1,000 level will be met as market watchers raise their forecasts.