Shares of AGCO Corp. (AGCO) are down .32 to 52.00 today. ?AGCO is near the bottom of the 52 week range.

Today paper traded 1380 AGCO Aug 50 puts for .65. ?The ADV is 795 contracts.? The OI is 3014 contracts.

The volume went up in 1 block.? Total put volume on the strike is over 3068 where some is most likely closing.? The stock has just come from the 53.5 over the last week so some short put traders are probably taking the decay and closing.? We highlighted a combination in AGCO where the trader was buying puts on 07/14.? This looks like more buying of the same strike prior to earnings.

30-day implied volatility is 27%.?? 10-day implied volatility is 14%.? 30 day implied volatility is trading below the 10 realized volatility

AGCO Corporation (AGCO) is a manufacturer and distributor of agricultural equipment and related replacement parts globally.?