Investors with a lot of money to spend have taken a bearish stance on Mosaic MOS.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with MOS, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 10 options trades for Mosaic.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 40%, bearish.
Out of all of the options we uncovered, 9 are puts, for a total amount of $410,235, and there was 1 call, for a total amount of $89,920.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $25.0 to $44.75 for Mosaic over the last 3 months.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Mosaic's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Mosaic's significant trades, within a strike price range of $25.0 to $44.75, over the past month.
Mosaic Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MOS | PUT | TRADE | BULLISH | 01/16/26 | $3.0 | $2.84 | $2.9 | $25.00 | $116.0K | 2.1K | 5 |
| MOS | CALL | SWEEP | BULLISH | 12/20/24 | $3.2 | $3.1 | $3.2 | $27.50 | $89.9K | 470 | 0 |
| MOS | PUT | SWEEP | NEUTRAL | 01/17/25 | $17.15 | $17.0 | $17.08 | $44.75 | $56.3K | 295 | 520 |
| MOS | PUT | TRADE | BEARISH | 01/17/25 | $12.25 | $11.1 | $12.1 | $39.75 | $47.1K | 767 | 0 |
| MOS | PUT | SWEEP | NEUTRAL | 01/17/25 | $17.15 | $17.05 | $17.1 | $44.75 | $37.6K | 295 | 653 |
About Mosaic
Formed in 2004 by the combination of IMC Global and Cargill's fertilizer business, Mosaic is one of the largest phosphate and potash producers in the world. The company's assets include phosphate rock mines in Florida, Brazil, and Peru and potash mines in Saskatchewan, New Mexico, and Brazil. Mosaic also runs a large fertilizer distribution operation in Brazil through its Mosiac Fertilizantes business, which the company acquired from Vale in 2018.
After a thorough review of the options trading surrounding Mosaic, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Mosaic's Current Market Status
- Currently trading with a volume of 2,055,238, the MOS's price is down by -1.76%, now at $27.59.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 47 days.
Professional Analyst Ratings for Mosaic
1 market experts have recently issued ratings for this stock, with a consensus target price of $28.0.
- Maintaining their stance, an analyst from Piper Sandler continues to hold a Underweight rating for Mosaic, targeting a price of $28.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Mosaic, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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