Traders bullish on agriculture ETF “MOO”

Options traders are piling into the Agribusiness exchange traded fund, chasing rallies in commodity prices and related companies.

Volume in the July 41 calls leapt to 7,466 against no existing open interest by midday Friday, according to optionMONSTER’s Heat Seeker monitoring system. The calls changed hands for $0.80 and $0.85.

Full Story: http://www.nasdaq.com/newscontent/20090526/traders_bullish_on_agriculture_etf__34212.aspx?storyid=34212