Your First Move For Wednesday March 7th

Tuesday, 6 Mar 2012 | 6:30 PM ET

Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.

Tim Seymour suggests long Philip Morris. “I’m a buyer around $82,” he says.

Ron Insana says it’s time to watch and wait. “Watch what the market technicals and wait for the employment report on Friday.”

Fast Money Final Trade
The Fast Money traders share their final trades of the day.

Karen Finerman is a seller of April 50 calls in Verifone . “The stock had a nice run, though I do like the company,” she says.

Jon Najarian is a seller of Viropharma due to unusual options activity. “I’m seeing a lot of April 25 put buying. After the run this stock had, institutional investors probably think gains are over.”

Mike Khouw is a seller of puts in Consol Energy. "I think it's close to its lows."

New Feature: Wall Street History Nuggets
Why Are Buyers Called Bulls?Why Are Sellers Called Bears?

Click here to see other Final Trade posts.

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Trader disclosure: On March 6, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders: J. Najarian is long IBM call spreads; J. Najarian is long QCOM call spreads; J. Najarian is long GDX call spreads; J. Najarian is long GDXJ call spreads; J. Najarian is long CRM call spreads; J. Najarian is long FIO call spreads; J. Najarian is long KERX call spreads; Finerman is long (AAPL); Finerman is long (BAC); Finerman is long (JPM); Finerman is long (HPQ); Finerman is short (SPY); Finerman is short (IWM); Finerman is short (MDY);

For Ron Insana
*No Disclosures

For Abigal Doolittle
Doolittle is long (SDS)

For Mark Mahaney
Firm makes market in (AMZN)

For Geoffrey Scott
Firm owns foreclosed homes in Phoenix

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  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

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  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

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