OptionSIZZLE


Options News Mosaic calls heat up with takeover rumors

Mosaic calls heat up with takeover rumors


Shares of Mosaic MOS bucked the trend of the overall market by closing higher 3% at $43.05 on a takeover rumor. Privately held Cargill, which is already a 64% owner, in October let a 4 year long standstill expire that would have allowed them to take over Mosaic . The deal probably expired due to the credit crisis and the uncertain markets however, those rumors re entered today's news wire and we saw call option buying explode. According to our Option Sonar, we saw more than 45,000 calls change hands today, which is 40 times normal call volume. With the credit market easing and with the stock being beaten like the rest of the market, Cargill would be given a nice gift of buying the rest of the public float from the public which at Mosaic's all time high would have been worth 25 billion, now is worth 5 billion.

Sign up for one of our subscription services and see how we are playing this.


Want to find out what is SIZZLIN' on our Option Sonar™?

Option Sonar Members receive 3-5 ideas daily.



blog comments powered by Disqus
 


OptionSIZZLE Alerts Performance


Original cost                $100,000.00


Current Value              $142,026.00


Total Average Return        42.03%


S&P 500             49.53%


Since Inception March 2, 2009


Sign up and get real time emails on updates, offers and special videos only accessible through our newsletter
Facebook: OptionSIZZLE#/pages/OptionSIZZLE/239567897726 FeedBurner: OptionsTradingVideos Linked In: joshuabelanger Twitter: optionsizzle YouTube: user/optionsizzle External Link: seekingalpha.com/user/498637/profile

Recent OptionSIZZLE Alerts Trades

Date Stock Call/Put %Gain
Nov 20 RIMM Call 120%
Nov 18 BG Call 110%
Nov 17 BJ Put 60%
Nov 17 ADSK Put 130%
Nov 16 GFI Call 68%
Nov 13 LLY Call 66%
Nov 3 UUP Call 150%
Oct 29
GTXI Call 250%
Oct 26
UUP Call 40%
Oct 16
HGSI Call 110%
Oct 8
STX Put
100%
Oct 19
MGM Put 230%
Sept 30
HOG Put 82%
Sept 25
LVS Put
122%
Sept 14
DNDN Call 44%

Follow Us On Twitter

  • Josh Belanger

    $PETS nice volume spike flagging intraday here lets see if that March 22.5 $CALL buyer Friday gets paid ahead of Expiry Friday

    by Josh Belanger about 2 hours ago

  • Josh Belanger

    $SVU July 22.5 $calls seeing action with 360 traded offer side at .20 cents

    by Josh Belanger about 2 hours ago

  • Josh Belanger

    @jmullin9 oh in now man $BIDU just plan sick

    by Josh Belanger about 2 hours ago

  • Josh Belanger

    $RSH downgrade by $GS sweep of 750 April 25 $CALLS just came in at .35 cents possible V bottom on 5 min

    by Josh Belanger about 3 hours ago

  • Josh Belanger

    $GMCR on the move looking to make a run at highs

    by Josh Belanger about 6 hours ago