Akamai (NASDAQ: AKAM) closed at $29.72 Tuesday.

AKAM offers services for accelerating content and business processes online. AKAM will report Q4 EPS on February 6.

Think Equities says: "Share price more than fully reflects perceived industry risks, and recent levels of pessimism (and speculation) surrounding the company are unwarranted."

AKAM February option implied volatility of 81 is above its 26-wek average of 55 according to Track Data, suggesting larger price fluctuations.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Yesterday, Cramer said that you can look for growth, but make sure you get the right growth. Everyone wants a hot stock, but very few determine what the companies really do. He will cover one stock per day this week, and decide if they are too hot to handle.

The first stock is up 50% since NOV 1 -- Omniture Inc. (NASDAQ:OMTR) -- is it still worth buying?

Omniture creates software to collect and analyze data for content sites so companies can make decisions based on data. 10 analysts cover the stock with 3 strong buys, 4 buys and 3 holds, so it has more room for downgrades than upgrades.

Cramer noted the lock-ups coming DEC 26, which is 43% of the insiders who will probably sell a lot since the stock is up a lot. Therefore, if you want to own this, Cramer said to wait until after lock-up.

P/S is 8.6x and has high multiples, but Cramer said it was a sleepy and was ignored since its summer IPO when it was priced under the range. The second growth favor issue is that Omniture is best of breed in their field. TheStreet.com rigorously evaluated the company and competitors, and went with Omniture.

Cramer said this is a buy AFTER DEC 26, after the lock-up. He thinks that if you like F5 Networks Inc. (NASDAQ:FFIV) or Akamai Technologies Inc. (NASDAQ:AKAM), then you'll love this one. BUT Cramer said you'll be staying past your welcome if you hold it for more than a few months.

OMTR traded up 2.25% to $14.10 after Cramer discussed this. This morning, OMTR is up 1.5% in pre-market.