Shares of AGCO Corp (AGCO) are up .41 to 53.93 today.? AGCO is in the bottom end of the 52 week range.
Today paper traded the AGCO Nov 50/60 combo at .40 600x.? The ADV is 739 contracts.? The OI is 2385 on the puts 2643 contracts.
The volume went up in 2 blocks.? The trade is showing buy call with the put mid market but close to the bid.? Most likely this is a protective collar the trader is closing with AGCO making some near term lows.? There looks like more position to close so watch out for the balance on timing a pop in the stock.
30-day implied volatility is 24%. ? 10-day implied volatility is 15%.? 30 day implied volatility is trading above the 10 realized volatility
AGCO Corporation (AGCO) is a manufacturer and distributor of agricultural equipment and related replacement parts globally.