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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment
Posted In: OptionsMarketsMediaBloomberg MarketsJim Strugger
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!