Seabridge Gold Inc. (SA) is trading up .67 to 12.29.? SA is trading $1 off of its 52-week lows.
Today multiple orders bought the SA Jan 2014 13 calls for 1.75-1.85 with the volume over 8,800 contracts.?? Average volume is 1,102 contracts per day in the name.? Open interest is 513 contracts.
The call buyers look to be very aggressive.? The Jan 2014 IV is up on the day 2.2 points.
30-day implied volatility is 44%.?? 10-day implied volatility is 53%. ?30-day implied volatility is trading below the 10-day historical volatility.
Seabridge Gold Inc. (Seabridge) is a development-stage company.