Shares of Harmony Gold Mining Co. Ltd. (HMY) are up .03 to 4.12.? HMY is trading at the 52-week low.
Today paper bought the HMY NOV 4/5 call spread for .26 17,759 times in many blocks. ??Average volume is 1,115.? Open interest is less than 2,000 calls total on the two strikes.
The trade looks like an investor taking a sizable ATM long position with the call spread.?
30-day implied volatility is 53%.? ?10-day implied volatility is 93%.? 30-day implied volatility is trading below the 10-day historical volatility.
Harmony Gold Mining Company Limited (Harmony) is engaged in conducting underground and surface gold mining and related activities, including exploration, processing and smelting.