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Thursday, 09/20/2007 11:37:39 AM

Thursday, September 20, 2007 11:37:39 AM

Post# of 1281
CREE re Pete Najarian "Speaking of Options"

Fast Money Recap: Bull Party Continues
http://www.thestreet.com/_yahoo/newsanalysis/stockpickr/10380489.html?cm_ven=YAHOO&cm_cat=FR...
...Pete Najarian states that investors should look at the volatility in the S&P 500, which is moving back to normal. However, Jeff Macke says that market bears are instant messaging him with more short ideas than any other time in his most recent memory. Guy Adami predicts that Friday could be a funky day with options expiration on tap....

...Najarian is seeing unusual options activity on Cree (CREE - Cramer's Take - Stockpickr - Rating). He points out that option players are buying a ton of September $35 calls, which could signal a takeover before the end of the week. He also noted that the rumored buyer was General Electric (GE - Cramer's Take - Stockpickr - Rating)....

...RealMoney Take: Dan Fitzpatrick said recently, "Cree is poised to break out from a short-term "flag" pattern."...

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option strategies : re Pete Najarian and his brother DR J Najarian


Pete Najarian's bio
http://www.cnbc.com/id/18945714/

DR J Najarian's bio
http://www.optionszone.com/advisers/jon_najarian.html
Includes:
Jon "Doctor J" Najarian, is editor of ChangeWave Options Trader, a weekly advisory newsletter service for option traders.

optionMONSTER.com
http://optionmonster.com/#action=home

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