CF Industries (CF) is locked in a three-way tug-of-war over its future and the shape of the fertilizer industry hangs in the balance. Okay maybe it’s not that dramatic. But there's a battle of control going on and it could present some trading opportunities.More Deserving Less FulfillingBefore getting to some possible trades let’s run through the story. Back in early October Agrium (AGU) made an unsolicited bid of $98 a share for CF Industries which was trading around $85 a share at the time. Despite the 15% premium CF quickly rejected the offer. A few weeks later it made ...

Stocks expected to move significantly in trading on Tuesday include CapitalSource, Exxon Mobil, Home Depot, Jacobs, NeurogesX, Pacific Sunwear and UBS.

Agrium shares appear cheap, but challenging industry conditions and a bid for a rival add much uncertainty.

Mixed results from insurance companies also impede advances.

Among the shares expected to see active trade in Thursday's session are those of the retailers as well as Allstate, Cigna, Cisco, CareFusion, Dr Pepper Snapple, i2, MetroPCS, MF Global, Netsuite, News Corp., Qualcomm, Sirius XM, THQ and Time Warner Cable.

Terra Stockholders Show Overwhelming Support for CF Industries' Proposal to Acquire Terra

Agrium urges CF board to respect clear stockholder mandate and sign merger agreement with Agrium