Options Action: RIM

Research in Motion is up more than 20 percent over the last week. If you think the bounce back is overplayed, Mike Khouw has just the move for you.

Get all the details—watch the video now!

*To see the segment, go about 3 minutes in.

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Trader disclosure: On August 31, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders;Seymour owns (AAPL); Seymour owns (BAC); Seymour owns (NBG); Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Weiss Owns (AAPL); Weiss Owns (JPM); Weiss Owns (KO); Weiss Owns (NIHD); Weiss Owns (QCOM); Weiss Owns (VZ); Weiss Owns (TCK); Weiss Owns (FCX); Weiss Owns (TWM); Weiss Owns (SDS); Najarian is long (AAPL) call spreads; Najarian is long (AMT) call spreads; Najarian is long (DG) call spreads; Najarian is long (FDO) call spreads; Najarian is long (CLWR); Najarian is long (CCI) ; Najarian is long (CIGX)

Paul Hickey
No Disclosures

CNBC.com with wires.