Shares of Monsanto Company (MON) are down .24 to 113.75. MON is in the upper end of the 52 week range.
Today paper traded 8270 MON Jul 120 calls for 2.84 today.? The ADV is 6241 contracts.? The OI is 4448 contracts.
The volume went up in one block.? Total volume on the day is over 11k contracts with most of the paper buying to open.? This looks like a straight out bullish play jumping on the just OTM calls.? The call buy is a strong bid into earnings.
30-day implied volatility is 21%.? ?10-day implied volatility is 14%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Monsanto Company (Monsanto) along with its subsidiaries, is a provider of agricultural products for farmers.