Optionism

CSX Huge Put buy into the close

Short
NASDAQ:CSX   CSX Corporation
CSX appeared to close strong into the close but in reality, it closed under resistance and someone recognized how cheap the option is for a pullback and went long puts at a decent size. You see can from the strike history image I posted in the chart that the 11/18 30.50 put strike has been relatively quiet until today. 30.50 CSX puts could be a banger play for tomorrow!

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