Najarian Brothers See Unusual Options Activity In ILG And CSX

by Craig Jones, Benzinga Staff Writer

May 31, 2017 8:07 AM | 1 min read | Make a Comment

Jon Najarian spoke about unusually high options activity in

ILG IncILG

. Traders were aggressively buying the September 28 calls in the name. Najarian decided to buy calls in

, and he is planning to hold them for one to two months.

Pete Najarian noticed options traders bought more than 14,000 contracts of the June 55 calls in CSX Corporation CSX. He explained they are betting the stock is going to break out to the upside. Pete Najarian is bullish on the stock, and he decided to follow the trade. He is going to hold it through the month of June.

Market News and Data brought to you by Benzinga APIs