Shares of AngloGold Ashanti Ltd. (AU) closed down .21 to 28.89 yesterday.? AU is trading just off 52-week lows.
Yesterday paper rolled a large block of 3,000 calls from the Mar 34 strike to the Apr 31 strike for .15 over .80.? The average contract volume is 2,096 contracts per day in the name.? Open interest is just over 3,000 contracts on the March strike.? The implied volatility is down 1.1 points in Apr. ?The trade looks to be a trader rolling short calls to Apr.
30-day implied volatility is 34%.?? 10-day implied volatility is 36%.? 30-day implied volatility is trading below the 10-day historical volatility.
AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining company with a portfolio of assets and differing ore body types in key gold producing regions.