“And by the way, I like coal,” according to Presidential hopeful Mitt Romney during last week’s first Presidential debate. Investors seem to agree Tuesday. Alpha Natural Resources (ANR), which saw bullish trading yesterday, is up 37 cents to $7.15 and Nov 7, Weekly 7, Weekly 7.5, Mar 9 and Oct 7 calls are the most actives options on ANR today. Console Energy (CNX) is up $1.36 to $33.09 and 2,587 Apr 35 calls traded on the stock. Arch Coal adds 23 cents to $6.87 and traders are showing interest in the Nov 7, Oct 7 and Oct 6 calls on the stock. James River Coal (JRCC) added 14 cents to $3.20 and Jan 2 puts are the most actives in the name. However, Oct 3 and 3.5 calls are seeing interest as well. Finally, Peabody Energy (BTU) is up $1.08 to $23.72. Nov 23 calls, Nov 23 puts and Oct 25 calls are the most actives in the stock today.
Category: All ETFs
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.