Jon Najarian has spotted some interesting movers popping in the options market. Find out what’s moving and why.
A Morgan Stanley note said they're looking for more trouble from the credit Fannie Maeput out there, Jon Najarian explains on CNBC's "Closing Bell." That sent the stock much lower. Investors are buying puts in a big way. They’re betting the stocks breaks below 30 in the short term.
There’s a rumor that Google might be taking a stake in CNETand options buyers are snapping up the 10-strikes suggesting the stock could go to $10.
Options traders have sold out of the long February puts and are now buying them in March. It suggests to me, says Najarian, that they anticipate a rest from the heat in the Nasdaq.