Posted on March 24, 2022
Today’s trade offers a rare opportunity to pull in 2580% on nothing spent.
Here’s the skinny –
An American potash company with a global reach, now rocketing higher in price due to the ‘Nazi cleanse’ operation occurring in Ukraine – and we find a tremendous opportunity to make a buck.
Look no further, good Jews and loyal Noahides – The Mosaic Company (NYSE:MOS) has left the launch pad and is now soaring at harrowing Hindenberg heights.
And that demands some answers.
Today, we hope to provide them.
While it’s true there’s a war, and both Ukraine and Russia are large suppliers of phosphates and potash, and there’s a global supply chain problem and mounting inflation and fertilizer inventory issues in general, prices will not rise indefinitely.
Nor will traders miss a chance to put a lid on the bid, so to speak, when things have carried too far.
And that’s precisely where we stand today with Mosaic.
Here’s the daily chart –
Technically, we’ve got –
Now consider the weekly chart –
And it’s for all the foregoing that we’re offering the following blockbuster SPECULATIVE trade for you, our beloved subscribers –
A Jew and His Gold recommends you consider selling the MOS April 14th 66/71 CALL spread* for a credit of $1.71 (4.70/2.99) and selling the MOS April 14th 66/62 PUT spread** for $1.69 (3.10/1.41). Total credit on the trade is two cents.
Rationale: we like the prospect of spending nothing and pulling in $4.02. Adjusted for minimal commissions, that would give us a 2580% payday.
Max loss is $4.98 (difference between the CALL strikes less the initial credit).
Only trouble is the time frame. With just 21 days before expiry, we have to see action in the near term. Hence the SPECULATIVE label.
Breakeven on the trade comes at $66.02, a mere 2.8% below last night’s close.
Praise His name. Fear Him. And keep His mitzvoth. For that is the whole of man.
Many happy returns!