Put Options on MOS on 7/26/2013

The Mosaic Company (MOS) produces and markets concentrated phosphate and potash crop nutrients for the agriculture industry worldwide. It operates in two segments, Phosphates and Potash.

The company also offers phosphate-based animal feed ingredients; and produces and sells potash for use as fertilizers and animal feed ingredients, as well as for use in various industrial applications. Its potash products are also used for de-icing and as a water softener regenerant.

The Company sells its products to wholesale distributors, retail chains, cooperatives, independent retailers, and national accounts through a network of sales offices, crop nutrient blending and bagging facilities, port terminals, and warehouse distribution facilities.

Shares have fallen through a support level after the company's earnings came in below expectations, and the company guided lower going forward! Lower share prices are expected for this stock.

52-Week Trading Range: $48.29 - $64.65

Entry Point: $52.00

Here is the trade:

Buy One August $52.5 Put option for less than $1.95

The pay off is shown below.

Trade Buy 1 August $52.50 Put at $1.95 For a net debit of $1.95 Profit/Loss Analysis Breakeven at $50.55 Maximum profit is unbounded Maximum loss is ($195.00) at strike of $53.00 Closing Summary Sold 1 August $52.50 Put at $11.50

Position closed on 7/30/2013 at price of $11.50 with a 489.74% gain in 3 days.

Updates

7/30/2013 9:33:35 AM

We are closing MOS August $52.5 Put at $11.10

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