Shares of AngloGold Ashanti Ltd. (AU) are down .24 to 15.54 today.? AU is in the middle of the 52 week range.
Today paper trade 4200 AU Jul 17/21 call spreads for .25. ?The ADV is 1557 contracts.? The OI is 443 and 5764 contracts per strike.
The volume went up in two large blocks.? Follow up volume traded the same way as this is a call seller rolling down to a lower strike.? For now the trader is not looking for much upside move in AU.? Several collar trades are happening in the outer terms.
?30-day implied volatility is 36%.?? 10-day implied volatility is 34%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining company with a portfolio of assets and differing orebody types in key gold producing regions.