Basic Resources

Companhia Siderurgica Nacional (SID) $4.17 +0.00%

Brazilian steel maker Companhia Siderurgica sees bearish flow. The stock is flat at $4.17 and most of the options actiivty is in Dec 4 puts after 10000 were swept across multiple exchanges for 50 cents when the bid ask was 35 to 50 cents. Open interest is 3,555.

June 20, 2014 | 0 Comments More

Kinross Gold Corporation (KGC) $4.29 -2.94%

Kinross Gold sees higher call volume. The stock is off 13 cents to $4.29 after rallying along with other names in the sector on higher gold prices yesterday. A 40,044-lot of Nov 5 calls trades on the gold miner for 20 cents per contract on ISE. Data from the exchange is reporting an opening seller, [...]

June 20, 2014 | 0 Comments More

Agnico Eagle Mines Ltd (AEM) $36.89 +4.56%

Agnico Eagle Mines attracts bullish flow. The stock is up $1.59, or 4.5%, to $36.89 on increasing volume of 3.3 million shares after gold gained more than $45 to $1318 Thursday (silver up $1.10 to $20.88). On the options front, 11,000 calls and 2,050 puts traded in AEM. Aug 35 calls have traded 2,658 contracts. [...]

June 19, 2014 | 0 Comments More

Pan American Silver Corp (PAAS) $14.87 +5.31%

Pan American Silver shines. The stock is up 75 cents to $14.87 in active trading of 1.9 million shares on a bright day for silver prices. Meanwhile, 10,000 calls and 1,400 puts traded in PAAS, which is 8X the daily average for the silver miner. 2,356 Oct 17 calls traded on the stock. Oct 16, [...]

June 19, 2014 | 0 Comments More

Agnico Eagle Mines Ltd (AEM) $33.87 +1.23%

Agnico Eagle Mines attracts a hefty call buyer. The stock is up 37 cents to $33.83 on positive analyst commentary. A 10000-lot of Jan2016 45 calls on the gold miner is being bought-to-open for $2.90 per contract, to open. The stock has outperformed lately after a seven-day winning streak for gold (which was snapped today). [...]

June 17, 2014 | 0 Comments More

Cliffs Natural Resources Inc (CLF) $14.02 +1.89%

Cliff Natural Resoures attracts a noteworthy put spread. The stock is up 26 cents to $14.02 and attempting to recoup some recent losses. An Aug 14 – 16 put spread on the metals and minerals company is sold at $1.42, 10000X. The Aug 14s open and the Aug 16s might close (at $3 today) some [...]

June 13, 2014 | 0 Comments More

Steel Dynamics Inc (STLD) $17.23 -1.94%

Steel Dynamics sees increased put activity. The stock is down 31 cents to $17.26 and 2600 Jun 17 puts on STLD were swept across multiple exchanges for 25 cents when the bid-ask was 20 to 25 cents. It’s an opening buyer, according to ISEE data. 4,854 traded against 874 in open interest. The contract expires [...]

June 12, 2014 | 0 Comments More

Kinross Gold Corporation (KGC) $3.95 +2.07%

Higher call voulme in Kinross Gold. The stock is up 9 cens to $3.96 and it looks like a 30000-lot of Nov 5 calls on the gold miner are being sold at 15 cents per contract. It might cover positions opened for 14-17 cents in mid-May (see 5/19 color). Open interest at that strike is [...]

June 10, 2014 | 0 Comments More

Barrick Gold Corporation (ABX) $15.98 -0.40%

Bullish trading in Barrick Gold. The stock is down 7 cents to $15.98 as gold continues to see lifeless action and is up $2 to $1254.5 to start the new trading week. On the options front, some players seem to be positioning for a move higher in the yellow metal and a rally in shares [...]

June 9, 2014 | 0 Comments More

BHP Billiton Ltd (BHP) $68.12 +0.25%

Bearish trade in BHP. The stock is up 19 cents to $68.14 and an 8730-lot of Jan 55 puts trades on the metals and minerals company for $1.21 per contract on ISE. A customer is buying-to-open, according to ISEE data. The contract is nearly 20% out-of-the-money. Players are also opening in Jan puts in RIO [...]

June 9, 2014 | 0 Comments More
s2Member®