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Keep an Eye on this Parts Maker, says Pete Najarian
07 Dec 2011 EST - CNBC.com
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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.

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