Fast Money Picks For October 16: Intel, Netflix, Bank Of America

CNBC Fast Money's Tim Seymour said on the show that he would buy Bank of America Corp BAC on the pullback. The stock dropped 4.60 percent and closed Wednesday at $15.76. Dan Nathan thinks that it would be wise to take profits or sell short Intel Corporation INTC. He bought a put spread in the name. Intel Corporation fell 2.69 percent. Brian Kelly is a buyer of iShares Barclays 20+ Yr Treas.Bond (ETF) TLT, which gained 0.79 percent and closed at $122.53. Guy Adami wants to buy Netflix, Inc. NFLX on Thursday as a trade. He thinks that it is reasonable to expect a bounce in this name. Adami explained that he doesn't think that Netflix, Inc.'s business is fixed or that the stock is not going to trade lower in six months. Netflix dropped approximately 25 percent in after-hours trading.