Today’s CNBC Halftime Report was cut short, but we have some unusual option activity from Jon and Pete in ILG and CSX.
Jon mentioned that traders were buying the ILG September $29 calls aggressively. Jon is in these for 1-2 months.
Pete is seeing unusual activity in CSX, in the June $55 calls for around $.65. Pete is looking for a breakout, and is holding these through June.