Shares of the AuRico Gold Inc (AUQ) are down .14 to 4.14 today.? AUQ is trading near the bottom of the 52 week range.
Today paper traded 2000 AUQ May 4 calls at .45.? The ADV is 922. The OI is two contracts.
The paper went up in two blocks.? The trade is consistent with a buy write and in this case the seller does not have much of an expectation for a move up or down.? The IV is down slightly.
30-day implied volatility is 51%.?? 10-day implied volatility is 51%.? 30 day implied volatility is trading at the 10 Day Historical volatility.
AuRico Gold Inc. is a Canada-based gold producer with mines and projects in North America. The Company and its subsidiaries are engaged in the mining, development, exploration, and acquisition of resource properties. Its core operations include the Young-Davidson gold mine in northern Ontario and the El Chanate mine in Sonora State, Mexico. Its project pipeline also includes advanced development opportunities in Mexico and British Columbia.