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Is Murdoch Worried?

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What's the trade as speculation builds that billionaire Ron Burkle might bid for Dow Jones (DJ). Find out in the Web.Extra.

Also, The Pit Boss is seeing a big buyer of call options in Computer Sciences (CSC). Is this a stock you should have on your watch list?

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Trader disclosure: On July 11th 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders. Macke Owns (EMC), (DIS), Najarian Owns (DNDN), (IMMR); Bolling Owns (ICE), (NMX), (DIS), (XOM), Gold, Silver, Copper, Corn; CNBC Is A Service Of NBC Universal And Dow Jones; NBC Universal Is The Parent Company Of CNBC