Shares of Gold Resource Corp (GORO) are down .11 to 5.62 today. GORO is near the bottom of the 52 week range.
Today paper traded 300 GORO Apr 5 puts for .15.? ADV is 313.? The OI is 110 contracts.
The paper went up in small blocks on what looks like opening paper.? The Mar 5 puts are trading for .05 with coming out today.? There appears to be some downside protection and short covering in the respective months as GORO reports earnings soon.
30-day implied volatility is 56%.? ?10-day implied volatility is 55%.? 30-day implied volatility is trading above the 10-day historical volatility.
Gold Resource Corporation is engaged in the exploration for and production of gold and silver in Mexico.?