Barrick Gold (ABX) edges 17 cents higher to $49.34 after gold rebounded from recent losses and is trading up $11 to $17.36 an ounce. Options action in the gold miner today includes a 4150-lot of Feb 50 calls for 57 (register to read more …) [...]

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72,000 calls and 15,000 puts traded on Barrick Gold (ABX). Shares are down 18 cents to $48.16 and possibly falling in sympathy with Newmont Mining (NEM), which lost 3.3 percent after lowering its outlook for production for 2012. Gold is (register to read more …) [...]

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James River Coal (JRCC) adds 24 cents to $6.53 and options action on the coal producer is heating up today. June 7 calls, which are 7.2 percent out-of-the-money, are the most actives. The flow includes two sweeps of 1350 contracts (register to read more …) [...]

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Implied volatility in MolyCorp (MCP) is moving higher amid active trading in the options on the stock after China said it was keeping rare earth material export quotas unchanged in 2012. Supply concerns sent MCP down $3.5 to $28.5 per (register to read more …) [...]

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Kinross Gold (KGC) loses 48 cents to $11.63 amid volatility in the miners today after the yellow metal slumped below $1600 an ounce. One player in the options market seems to view the decline as an opportunity for a bullish (register to read more …) [...]

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Ivanhoe Mines (IVN) is under pressure today and options on the stock are actively traded after Rio Tinto won an arbitration process involving the company, but said it has no plans to make a full takeover offer for Ivanhoe. IVN (register to read more …) [...]

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A couple of silver mining names see bullish order flow today. Silver Standard (SSRI) is flat at $14.36 and options volume on the ticker is 8,600 calls/840 puts. The flow includes a multi-exchange sweep of 3000 Dec 14 calls at (register to read more …) [...]

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Titanium Metals (TIE) adds 81 cents to $16 and options volume is heating up on the Dallas, TX metals company, with about 17,000 calls and only 360 puts traded on the stock so far. Dec 16 calls, which are at-the-money (register to read more …) [...]

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Mittal Steel (MT) gains 12 cents to $19.12 and a 11,000-contract block of Dec 21 calls trades on the steelmaker for 36 cents when the market was 33 to 36 cents. Several sweeps of Dec 21 calls also traded on (register to read more …) [...]

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Eldorado Gold (EGO) is down 3 cents to $16.88 on the session and options action is heating up in the Vancouver-based gold miner. Recent trades include a multi-exchange sweep of 2,878 Dec 18 calls at 41 cents when the market (register to read more …) [...]

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