
Shares of Mosaic Co (NYSE:MOS) have gained more than 55% year-to-date and investors are betting the rally will continue. The fertilizer company delivered a handsome earnings beat for its first quarter on Monday and said ag-commodity prices may remain elevated due to the Russia-Ukraine conflict.
On CNBC's "Options Action," Tony Zhang said markets were implying a move of more than 11% on earnings versus the average 7.5% seen over the last eight quarters. However, there’s a difference between how institutional and retail traders trade, he stated.