In this special CNBC.com-only feature, options trader Pete Najarian reveals where he's noticed unusual options activity in the chemicals space.
Watch the video to see his report — content you won't find on TV or anywhere else!
______________________________________________________
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 Web site send those e-mails to fastmoney@cnbc.com.
Trader disclosure: On Jan. 3, 2011, following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Tim Seymour owns (BAC), (F), (FXI), (GE), (GOOG), (MON), (MOS), (POT) and (YHOO). Guy Adami owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU) and (YHOO). Karen Finerman owns (AAPL), (BAC) and (MSFT). Pete Najarian owns (AXP), (CNI), (MRO), (RSX), (PAL), (NTRS), (TEVA), (PFE) and (YHOO). Pete Najarian owns (AKAM) call spreads. Pete Najarian owns (BBY) calls. Pete Najarian owns (C). Pete Najarian owns (DB) calls. Pete Najarian owns (DRYS). Pete Najarian owns (F). Pete Najarian owns (GE). Pete Najarian owns (GM) call spreads. Pete Najarian owns (LBY) calls. Pete Najarian owns (MSFT) and (MSFT) calls. Pete Najarian owns (TCK) call spreads
GE is the parent company of CNBC
NBC Universal is the parent company of CNBC
GUY ADAMI
Adami's wife works at (MRK)
KAREN FINERMAN
Finerman's firm is short (IJR)
Finerman's firm is short (MDY)
Finerman's firm is short (SPY)
Finerman's firm is short (IWM)
Finerman's firm is long S&P puts
Finerman's firm is long Russell 2000 puts
Finerman's firm owns (IBM)
Finerman's firm owns (JPM) and (JPM) leaps
BRIAN KELLY
Accounts Managed By Kanundrum Capital Own (FCX)
Accounts Managed By Kanundrum Capital Own (JPM)
Accounts Managed By Kanundrum Capital Own (MS)
Accounts Managed By Kanundrum Capital Own (BBT)
Accounts Managed By Kanundrum Capital Own (DE)
Accounts Managed By Kanundrum Capital Own (ANDE)
Accounts Managed By Kanundrum Capital Own (GLD)
Accounts Managed By Kanundrum Capital Own (GDX)
Accounts Managed By Kanundrum Capital Own (GDXJ)
Accounts Managed By Kanundrum Capital Own (DRYS) calls
Accounts Managed By Kanundrum Capital Own (TBT)
Accounts Managed By Kanundrum Capital Own (QCOM)
Accounts Managed By Kanundrum Capital Own (WFC)
Accounts Managed By Kanundrum Capital Own (XLE)
Accounts Managed By Kanundrum Capital Own (OIH)
Accounts Managed By Kanundrum Capital Own USD
Accounts Managed By Kanundrum Capital Are Short The Euro
CHRIS WHALEN
Whalen has no disclosures
JORGE BERISTAIN
Deutsche Bank and/or its affiliate(s) own 1% or more of any class of common equity of (AA)
(AA) is an Investment Banking client of DBSI
Deutsche Bank and/or its affiliate(s) has received non-investment banking related compensation from (AA) within the past year
(AA) has been a client of Deutsche Bank Securities Inc. within the past year, during which time it received non-investment banking securities-related services
YAIR REINER
Oppenheimer & Co. Is A Market Maker In (AAPL)
Oppenheimer & Co. Is A Market Maker In (OTVI)
***NO DISCLOSURES ON AUO, GLW
DAVID RIEDEL
Riedel has no disclosures
KATHY LIEN
Lien is long USD
Lien is long Oil
GFT makes a market in the U.S. Dollar, Australian Dollar, and Euro
MIKE KHOUW
Cantor Fitzgerald & Co is a market maker in (POT)
CNBC.com with wires
