Jim Cramer Blog

Here are 7 options to watch for today.
Most Under-Priced Calls: These are the most under priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.
Bear Stearns Jan 130 Calls (NYSE:BSC - News). BSC's PowerRating (for Traders) is 6.
Most Under-Priced Puts: These are the most under priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.
Indymac Bancorp Nov 12.5 Puts (NYSE:IMB - News). IMB's PowerRating (for Traders) is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.
Blue Nile Nov 80 Calls (NasdaqGS:NILE - News). NILE's PowerRating (for Traders) is 6.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.
Lehman Brothers Dec 50 Puts (NYSE:LEH - News). LEH's PowerRating (for Traders) is 5.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Cablevision Systems (NYSE:CVC - News). CVC's PowerRating (for Traders) is 6.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
The New York Times Company (NYSE:NYT - News). NYT's PowerRating (for Traders) is 5.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Affiliated Computer Services (NYSE:ACS - News). ACS's PowerRating (for Traders) is 5.
Published By TradingMarkets.com

Labels: ACS, BSC, CVC, IMB, LEH, NILE, NYT, stock options

Here are 7 options to watch for today.
Most Under-Priced Calls: These are the most under priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.

iMCSI Emerging Markets Index Fund Dec 180 Calls (AMEX:EEM - News). EEM's PowerRating (for Traders) is 5.
Most Under-Priced Puts: These are the most under priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.
Google Dec 580 Puts (NasdaqGS:GOOG - News). GOOG's PowerRating (for Traders) is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.
Blue Nile Nov 110 Calls (NasdaqGS:NILE - News). NILE's PowerRating (for Traders) is 8.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.
Crocs Nov 60 Puts (NYSE:CROX - News). CROX's PowerRating (for Traders) is 4.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Sirius Satellite Radio (NasdaqGS:SIRI - News). SIRI's PowerRating (for Traders) is 5.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
ADC Telecommunications (NasdaqGS:ADCT - News). ADCT's PowerRating (for Traders) is 5.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Indymac Bancorp (NYSE:IMB - News). IMB's PowerRating (for Traders) is 6.

Published By TradingMarkets.com

Labels: ADCT, CROX, EEM, GOOG, IMB, NILE, SIRI, stock options

The Fed's 50 point cut on Tuesday sparked the stock market, and CNBC's "Fast Money" discussed why the bulls are running, and what it means for financial stocks:
Najarian: Tuesday's actions all about the financials. Financial Select Sector SPDR, ton of volume in call options.
Macke: Can't be short financials now.
Adami: continues to like financials; Lehman Brothers(LEH), Goldman Sachs (GS) and Morgan Stanley (MS)
All Clear on Wall Street? CNBC's Charlie Gasparino discussed whether brokers are a buy now. Gasparino feels confident about most of the brokers except Bear Stearns (BSC)--lease diversed and tied to credit markets.
OIL: Crude oil hit another record touching $81.51 and gold traded to $735, its highest level in 27 years. Author Dennis Gartman: Shocked by feds decision. Thinks stock market will continue to climb.
Housing Market: Adami: housing stocks are back for a trade. He likes Hovanian, (HOV), Toll Brothers (TOL) and Pulte Homes (PHM)
Finerman: Still likes Home Depot(HD), which she owns for its cheap valuation.
Word on the Street: Cummings (CMI) and Caterpillar (CAT) exploded higher on the Fed cut. Najarian: Thinks CAT has much more upside to come.
Global: China and Brazil's markets soared on the rate cuts. Tim Seymour, Principal at Red Star Asset Management, joined the crew to discuss the emerging markets. Seymour likes gold and Brazil ETF (EWZ)
Face 2 Face:
Viewer writes: "What happened to the recommendation to get out of gold if the Fed dropped its rates?" Adami reiterated his bearish stance on gold.
Viewer writes: "Should I sell my October $195 call options on Goldman Sachs (GS) now or is there still more upside?" Najarian- feels strong about GS, but you should take half the position off before earnings.
Viewer writes: "What is your outlook for Tiffany's (TIF) as the holiday season approaches?" Macke is positive about Tiffany's and Blue Nile (NILE)
Pops & Drops:
Pops: Macke-Caterpillar (CAT), Finerman-Target (TGT), Adami-Alcoa (AA)-could be bought out by Najarian's pick-Billiton (BHP), and Finerman-Wendy's (WEN)
Drops: Najarian-E*Trade (ETFC), Macke-Hovnanian(DOG), Adami-Boeing(BA)
Final Trade:
Macke- Macy's (M)
Finerman- Altria (MO)
Adami- Nucor (NUE)
Najarian- Companhia Vale do Rio Doce (RIO)

Labels: BHP, BSC, CAT, CMI, CNBC, ETFC, EWZ, Fast Money, GS, HD, HOV, LEH, MS, NILE, PHM, SPDR, TGT, TIF, TOL, WEN

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Aqua America (NYSE:WTR - News) looks to report $0.18 earnings per share prior to the open on Monday

Cooper Tire (NYSE:CTB - News) should report $0.20 EPS before the market opens on Monday morning.
Syneron Medical (NasdaqGS:ELOS - News) is expected to announce $0.38 EPS on Monday morning.
Bear Sterns (NYSE:BSC - News) closed at a new 52-week low in Friday's session after the company's chief financial officer, Sam Molinaro, described conditions in the credit markets as the worst he has seen in the past 2 decades.
Blue Nile (NasdaqGS:NILE - News), j2 Global (NasdaqGS:JCOM - News), and Wynn Resorts (NasdaqGS:WYNN - News) all report after the close on Monday. Watch for heightened price and volume in Monday's session.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BSC, CTB, ELOS, Hot Stocks, JCOM, NILE, WTR, WYNN

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Aqua America (NYSE:WTR - News) looks to report $0.18 earnings per share prior to the open on Monday.

Cooper Tire (NYSE:CTB - News) should report $0.20 EPS before the market opens on Monday morning.
Syneron Medical (NasdaqGS:ELOS - News) is expected to announce $0.38 EPS on Monday morning.
Bear Sterns (NYSE:BSC - News) closed at a new 52-week low in Friday's session after the company's chief financial officer, Sam Molinaro, described conditions in the credit markets as the worst he has seen in the past 2 decades.
Blue Nile (NasdaqGS:NILE - News), j2 Global (NasdaqGS:JCOM - News), and Wynn Resorts (NasdaqGS:WYNN - News) all report after the close on Monday. Watch for heightened price and volume in Monday's session.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BSC, CTB, ELOS, JCOM, NILE, WTR, WYNN

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.

iShares MSCI Emerging Markets Index July 140 Calls (AMEX:EEM). EEM's PowerRating is 5.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Valero Energy Corp. July 72.5 Puts (NYSE:VLO). VLO's PowerRating is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
InterContinental Exchange Inc. July 180 Calls (NYSE:ICE). ICE's PowerRating is 3
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Foster Wheeler Aug 90 Puts (NasdaqGS:FWLT). FWLT's PowerRating is 3.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Blue Nile Inc. (NasdaqGS:NILE). NILE's PowerRating is 4.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
None today
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Time Warner Inc. (NYSE:TWX). TWX's PowerRating is 5.
Imclone Systems Inc. (NasdaqGS:IMCL). IMCL's PowerRating is 6.
PowerRatings are courtesy of TradingMarkets.com

Labels: EEM, FWLT, ICE, IMCL, NILE, stock options, TWX, VLO

Symbol
Name
Last Trade
Change
Volume
Related Info
UG
UNITED GUARDIAN INC
12.80 1:06PM ET
3.35 (35.45%)
177,800

TRIS
TRI-S SECURITY CORP
3.56 1:15PM ET
0.84 (30.88%)
355,842
FREEW
FREESEAS INC
1.40 1:20PM ET
0.25 (21.74%)
65,945

GOAM
GOAMERICA INC NEW
6.75 1:20PM ET
1.27 (23.18%)
358,426

ENG
ENGLOBAL CORP
7.86 1:15PM ET
1.36 (20.92%)
1,421,900

NRVN
NATURE VISION INC
2.95 12:44PM ET
0.45 (18.00%)
28,950

ATRO
ASTRONICS CP
24.45 1:20PM ET
3.70 (17.83%)
110,878

NILE
BLUE NILE, INC.
55.70 1:20PM ET
8.35 (17.63%)
1,215,214

HRVE
HARVEY ELECTRONICS
2.39 1:17PM ET
0.73 (43.98%)
256,048

WRNC
WARNACO GROUP INC
32.25 1:20PM ET
4.26 (15.22%)
1,280,575
LIOX
LIONBRIDGE TECH
6.00 1:19PM ET
0.79 (15.16%)
1,355,846

FLA
FLORIDA EAST COAST
84.67 1:15PM ET
10.54 (14.22%)
4,373,149
FREE
FREESEAS INC
5.98 1:20PM ET
0.74 (14.12%)
265,371

GENE
GENETIC TECH SPON
5.5900 1:15PM ET
0.6780 (13.80%)
24,234

UHCO
UNIVERSAL AMERICAN
20.84 1:20PM ET
2.33 (12.59%)
2,266,924

CESI
CATALYTICA ENERGY
1.75 1:17PM ET
0.21 (13.64%)
91,818

OMPI
OBAGI MEDICAL
16.69 1:20PM ET
1.95 (13.23%)
397,851
CYDS
CYGNE DESIGNS INC
1.50 12:47PM ET
0.17 (12.78%)
35,472

HSKA
HESKA CORPORATION
2.43 1:18PM ET
0.26 (11.98%)
1,271,681

AQNT
AQUANTIVE INC
33.32 1:20PM ET
3.61 (12.15%)
8,826,624

Labels: AQNT, ATRO, CESI, CYDS, ENG, FLA, FREE, FREEW, GENE, GOAM, HRVE, HSKA, LIOX, NILE, NRVN, OMPI, TRIS, UGI, UHCO, WRNC