Shares of the Golden Minerals Co. (AUMN) are trading up .41 today to $4.66.? The recent low for AUMN is $4.02.

Paper traded the AUMN Apr 5 calls in size.? The contacts traded in scattered blocks between .45 and .60 on the day with total volume of 6,612. Volatility in Apr is up to 64%.? IV is up 9.1% today on the strike. Open interest is 1,964 contracts.? This trade appears to be mostly opening paper and looks to be heavy buying, with the jump in IV on the strike

30-day implied volatility is 61%.?? 10-day implied volatility is 46%.? 30-day implied volatility is trading well over the 10-day historical volatility.

Golden Minerals Company (AUMN) is a precious metals producer, primarily engaged in the operation and further development of its acquired Velardena gold, silver and base metals mines in the State of Durango, Mexico and other properties in Latin America.