Yamana Gold Inc (AUY) $13.02 +0.85%

| March 2, 2011 | 0 Comments More

Yamana Gold (AUY) adds 9 cents to $13 and it looks like an investor sells 9,180 April 15 calls at a dime to buy 8200 Jul 15 calls at 48 cents. It’s possibly a roll, as the April 15s are $2 out-of-the-money, have 44 days of life remaining, and open interest of 21,120, which is the second largest positions in the name. 15,164 now traded.

Category: All Stocks, Basic Resources, Mid Cap Stocks

Please share if others would benefit

Leave a Reply

You must be logged in to post a comment.

About the Author (Author Profile)

Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.

s2Member®