Show Entire Article
Options action in a wheel maker suggests to Pete Najarian, this stock could be on the move.Specifically, the Fast Money Pit Boss has spotted an unusually large volume of call buying in Titan International a maker of both wheels and tires .”Keep an eye on this name,” he says. “The December 22.5 calls have been extremely active. Over 4,000 traded in only the first 30 minutes of the session. That’s very unusual.”Najarian notes there’s a high short interest in this name. In other words, Najarian thinks the stock could be headed for a short squeeze.
> NEW SLIDESHOW: Slo-o-o-w Money, 10 Top Stocks for the Long-Term Investor
______________________________________________________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 .
Page 1 of 4 | Next PageShow Entire Article
TWI News & Analysis
DATA IS REAL-TIME EXCEPT NOTED WITH *
* DATA DELAYED AT LEAST 15 MINUTES