7516 ABX Jan2017 14 puts went up 1 block on the CBOE.?
Shares of Barrick Gold Corp (ABX) are up .08 to 15.74 today.? ?ABX is near the middle of the 52 week range.
- Paper traded 7516 ABX Jan2017 14 puts for .43.? ?
- ADV is 44k.
- The OI is 26k
The volume went up 1 block on the CBOE.? No stock of size went up against these puts which could be a buy to close on the strike.? It could be related to size call closes on the 22, 24 and 25 strikes.? The trader is probably using the opportunity to close many short contracts and the prices indicate a nice close.? The options look like they went up in Aug and are now due for a close.
- IV 30 is trading for 48%.?
- HV10 is trading for 43%.?
- IV 30 is above the HV 10.
Barrick Gold Corporation (Barrick) is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. The Company produces copper, principally from its Zaldivar joint venture and Lumwana mine, and holds other interests