Mechel Open Joint Stock Company (MTL, news, chart, volatility) is seeing 14 times normal trading volume, with 32,000 calls and only 233 puts traded on the day. The January 20 calls are the most actives. 31,850 have traded on the offer. With shares trading for $9.17 and existing open interest of 32,142, it looks closing, but the changes in open interest Tuesday morning might be worth a look, as todays volume is clearly above typical levels.
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Mechel Open Joint Stock Company (MTL) $9.16 -0.09%
Posted on November 3rd, 2008 12:10 pm
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