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Shares of Compania de Minas Buenaventura
BVN are higher on the session by 3.15%, currently trading at $41.90. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average.
Options traders are focusing on puts today. A short while ago the November 2011 $38.00 put traded 1,000 times on open interest of 1,486 contracts.
Put volume is outpacing call volume by 6 to 1.
Compania de Minas Buenaventura SAA is a Peru-based mining company engaged in the exploration, exploitation, processing and sale of gold and silver, as well as other metals and minerals.
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