Notable Call Options Activity in Kinross Gold

Shares of Kinross Gold KGC are higher on the session by 3.39%, currently trading at $12.81. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the January 2012 $12.50 call traded 42,000 times on open interest of 8,652 contracts. Large lots are very active in Dec2011, Jan2012, and May2012. Calls are outpacing puts today by 8.6 to 1. Kinross Gold Corporation is engaged in the exploration for, and acquisition, development and operation of, gold-bearing properties in the United States of America, the Russian Federation, Africa and worldwide.