The St. Joe Company Skyrocketing (JOE)

The St. Joe Company JOE is jumping on heavy volume today, as the options are indicating some heavy action in the name. This name is of particular interest to traders as it is something of a "Clash of the Titans" matchup. At the Value Investing Congress during October, David Einhorn of Greenlight Capital announced he was short the name and laid out a thesis for the company to be worth $8 per share. Bruce Berkowitz of Fairholme Capital is long the name and said that the press that Einhorn gave the company was amazing and he would send him a box of chocolates if he could. Berkowitz has come out and repeatedly said he would buy the entire company if he could. This options activity is extremely interesting to note in this battle of the titans.