Options Action: Sprint & SoftBank Deal

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Japan’s SoftBank is taking a $20.1 billion stake in Sprint Nextel. Can the stock move higher on this news? CNBC contributor Mike Khouw of CRT Capital Group LLC, provides perspective.

Melissa Lee anchors a fast-paced discussion among four professional Wall Street traders. An hour after the bell Fast Money hosts one of the best trading discussions of the day.

Video © and provided by CNBC.

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