Options on Monsanto (MON) are actively traded today on “concerns related to a ’super bug’ in corn fields” – Briefing. Shares hit a low of $67.93 in morning action and were recently down $1.56 to $69.12. Meanwhile, 7,140 calls and 7,570 puts traded in MON, which is about 3X the typical volume for mid-morning. One player seized the early weakness to buy a 1890-contract block of Oct 77.5 calls at 80 cents on ISE. Shares are up 1.2 percent since that time and the market is now 81 to 85 cents. 2,175 traded. Sep 55 and Jan 67.5 puts are the next most actives and implied volatility in Monsanto options has risen 11 percent to 39.