2250 GG Feb 12/14 call spreads went up in several blocks on the AMEX marked spread.?
Shares of Goldcorp Inc. (GG) are up 1.28 to 15.01 today.? GG is near the middle of the 52 week range.
- Paper traded 2250 GG Feb 12/14 call spreads for 1.60.?
- The ADV is 13042.?
- The OI is over 4000 contracts on each strike.
The volume went up in several blocks on the AMEX marked spread.? This trade looks like a call spread close with GG making near term highs today.? There was substantial rolling action in GG where this spread could have been rolled out to the Mar 12/14 where the trader still wants to be long the spread.
- IV 30 is trading for 66%.?
- HV10 is trading for 52%.?
- IV 30 is trading above the HV 10.
Goldcorp Inc. (Goldcorp) is a gold producer engaged in the acquisition, exploration, development and operation of gold properties in Canada, the United States, Mexico and Central and South America. The Company’s principal products are gold and the byproduct silver, copper, lead and zinc. Goldcorp’s operating assets include four mines in Canada, two mines in Mexico, and four in Central and South America.