M&A Watch w/ Jon Najarian


Which companies are looking like top takeover targets, right now? Jon Najarian has spotted hot options action in three stocks!

Here’s what’s on his radar!


- big investors are buying the April-55 calls
- huge volume day; typically it trades about 7300 contracts so far selling over 70,000
- market rumor suggest a deal could be announced within the next few days.

Coventry Health

- up a little over 20% in the past 2 weeks
- rumored to be takeover target pursued by UNH


- big investors are buying expiring calls in the front month
- market rumors suggest company could spin off Cessna

What's the bottom line? Since these are all M&A plays Najarian says you have to be quick. If and when the speculation appears to be unfounded these stocks could fall in a hurry.

Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to fastmoney@cnbc.com.

CNBC.com with wires