3213 CDE Sep 13 puts went up in one block on the PHLX.?
Shares of Coeur Mining Inc. (CDE) are up .21 to 15.89 today. ?CDE is at the top of the 52 week range.
- Paper traded 3213 CDE Sep 13 puts for .35. ?
- The ADV is 3272 contracts.? ?
- The open interest is less than 700 contracts.
The volume went up in one block on the PHLX.? Several blocks traded for 14k contracts.? This could be hedging activity or a straight put buy as CDE was below $2 in Jan.
- IV 30 is trading for 65%.?
- HV10 is trading for 35%.?
- IV 30 is above the HV 10.
Coeur Mining, Inc. is a gold and silver producer. The Company’s segments include Palmarejo complex, Rochester, Kensington, Wharf and San Bartolome mines, and Coeur Capital. The Company also a non-operating interest in the Endeavor mine in Australia in addition to royalties on the El Gallo complex in Mexico, the Zaruma mine in Ecuador, and the Correnso mine in New Zealand. In addition, the Company has two silver-gold feasibility stage projects: the La Preciosa project in Mexico and the Joaquin project in Argentina.