Jon Sees Put Selling in MS and Takes Profit in GD

Jon saw a large trade today in MS, where a trader sold 5,000 June 44 puts, which is a bullish trade. The stock needs to stay above $44 per share

Jon also updated us on GD, where there was upside call buying for around $3. These same calls are now trading around $8, and Jon took some profits.

Click Here to watch the video on CNBC’s Halftime Report!