Fast Money Picks For October 22

On CNBC's Fast Money, Tim Seymour said that he is a buyer of Yahoo! Inc. YHOO after it posted better than expected earnings. The stock gained 3.21 percent in after hours trading. Brian Kelly believes that traders should be buying put options in SPDR Dow Jones Industrial Average ETF DIA. He wants to have protection after the rally on Tuesday. Karen Finerman has a long position in The Walt Disney Company DIS and she wants to sell some upside call options against it. The Walt Disney Company gained 2.36 percent and it closed at $87.54. Guy Adami thinks that a reverse in oil would be good for Transocean LTD RIG. He wants to buy the stock.