Notable Put Options Activity in Harmony Gold Mining
Shares of Harmony Gold Mining (NYSE: HMY) are lower on the session by 0.93%, currently trading at $12.75. The stock has been moving largely higher over the past few days and is currently trading above the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the March 2012 $19.00 put, which has traded 1,250 times on open interest of 752 contracts. The Mar2012 $17.00 put also traded 1,250 times on 2,215 contracts.
The spread was executed at $0.42.
Put volume is outpacing call volume by 8 to 1.
Harmony Gold Mining Company Limited is engaged in underground and surface gold mining and related activities, including exploration, processing and smelting.
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