Seeds Of Pain

Interesting trade hitting the tape today: A bearish investor made a $1.5 million bet that Mosaic [MOS 53.73 1.97 (+3.81%) ] stock would trade below $35 before the third week in September, purchasing over 14,000 contracts of the 35-strike puts. Yikes!!

According to Mike Khouw, "Options Action" star and head of equity derivatives trading for Cantor Fitzgerald, the trade was not done in conjunction with stock. "To put this trade on, you must think something really bad is going to happen soon," said Khouw.

Interesting trade hitting the tape today: A bearish investor made a $1.5 million bet that Mosaic [MOS 53.73 1.97 (+3.81%) ] stock would trade below $35 before the third week in September, purchasing over 14,000 contracts of the 35-strike puts. Yikes!!

According to Mike Khouw, "Options Action" star and head of equity derivatives trading for Cantor Fitzgerald, the trade was not done in conjunction with stock. "To put this trade on, you must think something really bad is going to happen soon," said Khouw.