Notable Call Options Activity in Kinross Gold

Shares of Kinross Gold

are lower on the session by 1.61%, currently trading at $10.41. 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 volume is the March 2012 $12.00 call, which has traded 10,040 times on open interest of 179 contracts. The majority of the action stems from a 10,000 contract block, purchased at $0.24. Calls are outpacing puts today by 37 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.