Shares of Yamana Gold Inc. (AUY) are up .24 to 8.87 today.? AUY is at the bottom of the 52-week range.
Today paper traded 5,708 AUY Jan 8 calls for .95-1.00.? The ADV is 6,694 contracts.? The OI is 2,871 contracts.
The volume went up in mid-size blocks mostly lifting the offer on many exchanges pushing up prices. The IV is up just 1 point in Jan.? The client looks like a long buyer or group of buyers.? Usually a call buyer withy stock would put the trade up in 1 block but this looks like scattered buyers looking for a big pop.
30-day implied volatility is 46%.? ?10-day implied volatility is 41%.? 30-day implied volatility is trading above the 10-day historical volatility.
Yamana Gold Inc. (Yamana) is a gold producer, engaged in gold production, gold development stage properties, exploration properties and land positions in Brazil, Chile, Argentina, Mexico and Colombia.