Mosaic (MOS) is up 45 cents to $39.80 and trying to battle back from a grueling 36.2 percent loss sustained since mid-March. In options action, some traders are taking a longer-term view. One player paid $2.50 for the January 2012 $65 call. 3500X. 13.2K now traded vs. 120 in open interest. The call buying seems ambitious, because the contract is 63.3 percent out-of-the-money and it would require a move to $67.50 just to breakeven at expiration. On the other hand, the contract doesn’t expire for a year and a half and MOS was trading above that (67.5) level as recently as January of 2010.