A Reversal for Syngenta AG (ADR) Is Not Near. Professional Options Traders Are Bullish

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In today’s session Syngenta AG (ADR) (SYT) registered an unusually high (133) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2015 call, expecting serious SYT increase. With 133 contracts traded and 790 open interest for the Dec, 15 contract, it seems this is a quite bullish bet. The option with symbol: SYT151218C00090000 closed last at: $1.2 or 44.2% down. The stock decreased 3.62% or $2.86 during the last trading session, hitting $76.2. About 1.60 million shares traded hands or 168.52% up from the average. Syngenta AG (ADR) (NYSE:SYT) has risen 10.43% since April 16, 2015 and is uptrending. It has outperformed by 13.03% the S&P500.

Out of 3 analysts covering Syngenta (NYSE:SYT), 1 rate it “Buy”, 1 “Sell”, while 1 “Hold”. This means 33% are positive. Syngenta was the topic in 3 analyst reports since August 27, 2015 according to StockzIntelligence Inc.

Syngenta AG is an agribusiness operating in the crop protection, seeds and lawn and garden markets. The company has a market cap of $34.52 billion. The Firm operates five operating divisions: the four geographic regions, consisting of the integrated Crop Protection and Seeds business, and the global Lawn and Garden business. It has 24.23 P/E ratio. The Company’s Crop Protection segment offers crop protection chemicals, which include herbicides, insecticides, fungicides and seed treatments to control weeds, insects and diseases in crops, and are inputs enabling growers.

A Reversal for Syngenta AG (ADR) Is Not Near. Professional Options Traders Are Bullish

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