Paper traded 43750 GDX Nov18 28 calls for .34. ?

GDX

Shares of Market Vectors Gold Miners (GDX) are up 1.00 to 25.52 today. GDX is in near the middle of the 52 week range.

  • Paper traded 43750 GDX Nov18 28 calls for .34. ?
  • ADV is 153207.?
  • The OI is 16961 contracts.

The volume went up in 1 block on the PHLX.? There was no stock of any size going up with this trade so this is a straight buy of calls or a hedge for an existing short stock position.? Most likely it is a straight open call buy.

  • IV 30 is trading for 45%.?
  • HV10 is trading for 35%.?
  • IV 30 is above the HV 10.

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index.