Shares of Coeur d'Alene Mines Corporation CDE are lower on the session by 1.21%, currently trading at $20.36. The stock has been moving largely higher over the past three months, breaking above resistance and rallying above the 50-day and 200-day moving averages.
Options traders are buying calls on CDE today. A short while ago the December $25.00 call was purchased 4,300 times, on the offer, on open interest of 4,372 contracts.
Overall call volume is now running at 2.24x the daily average with 70% of all calls traded being purchases on the offer.
Coeur d'Alene Mines Corporation is a silver producer with gold assets located in North America. The company, through its subsidiaries, is engaged in the operation, ownership, development and exploration of silver and gold mining properties and companies located primarily within South America, Mexico, United States and Australia.
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