Jim Strugger's ILG Inc Options Trade

Speaking on Bloomberg Markets, Jim Strugger of MKM Holdings suggested that investors should consider an options strategy in ILG Inc ILG as a way to trade a possible merger with Marriott Vacations Worldwide Corp VAC.

He wants to buy the July 30 call and to finance the purchase he wants to sell the December 35 call. Strugger believes that if the deal happens ILG Inc would be valued at $35.