Fast Money Picks For October 10

, Tim Seymour recommended a short position in

. Seymour said that he opened that position in the morning session and he believes that the trade will work on Friday too, because the stock is going to $60.

dropped 4.06 percent on Thursday and it closed at $61.95. Brian Kelly suggested a long position in

(ETF)

as a protection.

fell 0.44 percent on Thursday. Dan Nathan thinks that it would be a good idea to take profits in PepsiCo, Inc.

. He owns put options in the name.

fell 0.39 percent and it closed at $93.57. Guy Adami is a buyer of

on the announcement of a split in two companies. The stock dropped 2.37 percent and closed the session at 23.44.