Molycorp Inc (MCP) $22.79 +10.31%

Molycorp (MCP) is up $2.21 to $22.87 on surging volume of more than 6 million shares amid strength in the rare earth names after China announced plans to crack down on illegal mining and tighten production levels. Options volume on MCP through Noon ET is 27,000 calls and 6,360 puts. Weekly 23 calls, which are [...]