http://www.wsj.com/articles/bayer-and-monsanto-expected-to-announce-takeover-1473839357 http://stockcharts.com/h-sc/ui?s=mon 128 is the final price. Cash. There are now many regulatory hurdles to clear. Something like 30 agencies. http://www.reuters.com/article/us-monsanto-m-a-bayer-antitrust-idUSKCN11K2LG I will have a trade after market open... but I will have to be careful with this one as so many political and economic interests are involved.
so why isn't MON going anywhere today?? http://stockcharts.com/h-sc/ui?s=mon https://www.thestreet.com/story/137...lators.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo Skepticism!
If I heard Cramer correctly he "doesn't think it's gonna close". Ouch. I promised a trade but my heart isn't in it Trade: With MON at 104.70 April '17 80/75 bull put spread for a net credit of $30 Yield = 30/470 = 6.4% in 218 days or 10.7% annualized Prob = 98% expectation = .98(30) - .01(470) - .01(235) = 29.4 - 4.7 - 2.4 = 22.3 Price.......... Profit / Loss........ ROM % 55.00............. (475.00)........... -95.00% 70.00............. (475.00)........... -95.00% 75.00............. (475.00)........... -95.00% 79.75.................. 0.00............... 0.00% 80.00................. 25.00.............. 6.40% 85.00................. 25.00.............. 6.40% 100.00............... 25.00.............. 6.40% 115.00............... 25.00.............. 6.40% 130.87............... 25.00.............. 6.4%
thanks . u r very conservative... mANY folks WONT like such low ROI.. haha ... 10% annualized but little do they realize. money markets only generate .5 to 1% annual -------------------------------------------------------