Terra Industries (TRA) is up $1.80 to $39.90 and options volume is running 4X the average daily on news Terra stockholders have approved all three of CF Industries’ nominees to Terra’s Board of Directors. We are pleased that Terra stockholders have voiced their support for CF Industries’ proposed acquisition of Terra by voting for all three of our director nominees. It is time to move forward and put these two great companies together, according to a statement from Stephen Wilson, CF Industries’ chief executive. TRA investors seem pleased as well. Shares are up. 24K calls and 13K puts traded on the stock. Nov 40, Dec 39, and Dec 40 calls are the most actives.