Kinross Pops; Calls Active (KGC)

Shares of Kinross Gold Corp.

are higher on the session by 3.58%, currently trading at $18.21. The stock has been moving largely higher over the past five weeks, off of a recent low near $15.00. The stock is now sitting at resistance, near $18.00. Options traders are flocking to the call side today. The most notable trades are the September $18.00 call purchased 1,000 times on open interest of 14,075 contracts and the November $17.00 call purchased 3,000 times on open interest of 3,519 contracts. There has also been quite a lot of smaller lot call buying on many strikes in multiple months. 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. Kinross' gold production and exploration activities are carried out principally in the United States, Brazil, Chile, Ecuador and the Russian Federation. For more great research like this, as well as how to play it through options…please visit

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