iShares Silver Fund (SLV) calls are heavily traded. Shares are up 73 cents to $17.88 after silver jumped 85 cents to $18.23 (gold is up $16.30 to $1133 an ounce). In the options, 61K calls and 18K puts traded so far. Jan10 calls at the 17, 19, 21, and 23 lines are seeing active trading. Dec 17 puts are the most actives, with 11.35K traded.

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