BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[CF Industries (CF) falls as takeover drama continues]]>http://www.bloggingstocks.com/2009/11/19/cf-industries-cf-falls-as-takeover-drama-continues/http://www.bloggingstocks.com/2009/11/19/cf-industries-cf-falls-as-takeover-drama-continues/http://www.bloggingstocks.com/2009/11/19/cf-industries-cf-falls-as-takeover-drama-continues/#commentsFiled under: , , , ,

CF logoCF Industries (CF - option chain) stock is trading lower today after the situation surrounding two takeover deals continues to get murkier. Agrium (AGU) announced this morning that CF's stockholders tendered 62% of their shares into a hostile takeover offer launched by AGU. AGU extended the offer, which originally was to expire yesterday, to December 18. Meanwhile, CF's board said that it does not believe that the tender results reflect stockholder support for Agrium's offer. At the same time, Terra Industries (TRA) is fending off a hostile bid made by CF. The uncertainty surrounding this situation is holding back CF shares and if you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on the stock.

This morning, CF opened at $83.60. So far today the stock has hit a high of $82.50 and a low of $84.48. As of 11:50, TRA is trading at $82.71, down $3.58 (-4.2%). The chart for CF looks neutral and S&P gives CF a neutral 3 STARS (out of 5) hold ranking.

Continue reading CF Industries (CF) falls as takeover drama continues

CF Industries (CF) falls as takeover drama continues originally appeared on BloggingStocks on Thu, 19 Nov 2009 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AgriumAGUCF IndustriesCfIndustriesdealinthenewsInvestors ObserverInvestorsObserveroptionstakeoverTerraTRAThu, 19 Nov 2009 13:40:00 EST<![CDATA[Options Update: Fertilizer companies' volatility at low end of range]]>http://www.bloggingstocks.com/2009/02/06/options-update-fertilizer-companies-volatility-at-low-end-of-r/http://www.bloggingstocks.com/2009/02/06/options-update-fertilizer-companies-volatility-at-low-end-of-r/http://www.bloggingstocks.com/2009/02/06/options-update-fertilizer-companies-volatility-at-low-end-of-r/#commentsFiled under:

Mosaic (NYSE: MOS), a producer of crop nutrients, closed at $41.35. MOS is presenting at Goldman Sachs Agriculture Biotech Forum on February 10. MOS is presenting at the Morgan Stanley Global Basic Materials Conference on February 18. MOS February option implied volatility is at 71, March is at 76 is below its 26-week average of 81, according to Track Data, suggesting decreasing price movements.

Terra Industries (NYSE: TRA), a nitrogen producer, is scheduled to report Q4 EPS on February 10. CF Industries (NYSE: CF) announced on January 16 an unsolicited bid for TRA, offering to exchange 0.4235 shares of CF for each share of TRA. TRA closed at $22.22. CF closed at $52.44. TRA February and June option implied volatility of 73 is below its 26-week average of 85, according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Fertilizer companies' volatility at low end of range originally appeared on BloggingStocks on Fri, 06 Feb 2009 08:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cfCF IndustriesCfIndustriesmosMosaicoption implied volatilityOptionImpliedVolatilityTerra IndustriesTerraIndustriestraFri, 06 Feb 2009 08:45:00 EST<![CDATA[CF Industries (CF) boosted by rising agricultural futures]]>http://www.bloggingstocks.com/2008/06/09/cf-industries-cf-boosted-by-rising-agricultural-futures/http://www.bloggingstocks.com/2008/06/09/cf-industries-cf-boosted-by-rising-agricultural-futures/http://www.bloggingstocks.com/2008/06/09/cf-industries-cf-boosted-by-rising-agricultural-futures/#commentsFiled under: , , , , , , ,

CF logoCF Industries (NYSE: CF) shares are trading higher today as bio-fuel related agricultural futures, including corn and soybeans are soaring, which is pushing the fertilizer stocks higher. An analyst at Goldman Sachs also raised his price target on competitor Potash Corp. of Saskatchewan (NYSE: POT). If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on CF.

After hitting a one-year low of $44.16 in August, the stock hit a one-year high of $159.00 in April. CF opened this morning at $149.99. So far today the stock has hit a low of $149.99 and a high of $154.52. As of 12:45, CF is trading at $154.37, up $7.70 (5.3%). The chart for CF looks bullish and deteriorating slightly, while S&P gives the stock a neutral 3 Stars (out of 5) Hold rating.

For a bullish hedged play on this stock, I would consider a July bull-put credit spread below the $115 range. A bull-put credit spread is an options position that combines the purchase and sale of put options to hedge risk in case the stock doesn't do what you think but still leverage nice returns. This particular trade will make a 5.3% return in just six weeks as long as CF is above $115 at July expiration. CF would have to fall by more than 24% before we would start to lose money.

CF hasn't been below $115 since early April and has shown support around $122 recently. This trade could be risky if the prices for oil fall and agricultural futures follow in the coming weeks, but even if that happens, that position could be protected by support the stock might find just above $120, where it bottomed out in May.

Brent Archer is an options analyst and writer at Investors Observer. At publication time, Brent neither owns nor controls positions in CF.

CF Industries (CF) boosted by rising agricultural futures originally appeared on BloggingStocks on Mon, 09 Jun 2008 14:41:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CFcf industriesCfIndustriesfuturesInvestors ObserverInvestorsObserveroptionsMon, 09 Jun 2008 14:41:00 EST<![CDATA[Analyst initiations: AWBC and RJF]]>http://www.bloggingstocks.com/2008/05/19/analyst-initiations-awbc-and-rjf/http://www.bloggingstocks.com/2008/05/19/analyst-initiations-awbc-and-rjf/http://www.bloggingstocks.com/2008/05/19/analyst-initiations-awbc-and-rjf/#commentsFiled under: ,

MOST NOTEWORTHY: AmericanWest and Raymond James were today's noteworthy initiations:
  • Keefe Bruyette initiated AmericanWest (NASDAQ: AWBC) with a Market Perform rating and $5 target, citing limited capital and credit visibility.
  • Sandler started Raymond James (NYSE: RJF) with a Buy rating.
OTHER INITIATIONS:

Analyst initiations: AWBC and RJF originally appeared on BloggingStocks on Mon, 19 May 2008 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>americanwestanalystawbccfcf industriesCfIndustriesinitiationraymond jamesRaymondJamesrjfterra industriesTerraIndustriestraMon, 19 May 2008 11:30:00 EST