Goldcorp (GG, news, chart) is seeing an uptick in volume in recent trade. The stock is down $1.19 to $30.20 in reaction to persisent weakness in the price of gold. The yellow metal is trading down $3.40 to $807.10 Wednesday and down $28 during the past week. In the options market, sentiment in GG is mixed however, with 27,000 calls and 7,110 puts trading on the day. While it seemed that some of the early activity represented a lot of unwinding of bullish calls, the recent trade has involved a significant amount of action on the offerside, particularly in the GG September 32.5 calls.

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