If you’re a trader who believes that options action can predict a big stock move, there are three names you should know about.

Oracle

Jon Najarian’s proprietary software has identified a lot of buying activity in the 25 strike and 26 strikes in Oracle.

“I don’t know what turned it, technicals or fundamentals – but some big people like the stock here for upside,” he says. “My gut is that people think it’s just too cheap,” he tells us.

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Dendreon

“66,000 options – 6 times normal volume – call buying at the Jan 12 strike in Dendreon ; that’s what you need to know,” Najarian tells us after the broadcast.

He thinks the move is based on more doctors going forward with the company’s expensive but effective treatment for advanced prostate cancer, a drug called Provenge. “Also Goldman put out a positive note,” he adds.