Notable Call Options Activity in Kinross Gold
Shares of Kinross Gold (NYSE: KGC) are higher on the session by 1.32%, currently trading at $10.71. 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. The strike seeing the heaviest action is the April 2012 $12.00 call, which has traded 17,500 times on open interest of 1,372 contracts. The April $11.00 call also traded 15,700 times on 489 contracts.
Call volume is outpacing put volume by 13 to 1.
Kinross Gold Corporation is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties.
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