Notable Call Options Activity in Ivanhoe Mines
Shares of Ivanhoe Mines (NYSE: IVN) are higher on the session by 2.31%, currently trading at $17.75. The stock has been moving largely higher over the past three weeks and is currently testing the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the March 2012 $20.00 call, which has traded 22,000 times on open interest of 25,780 contracts.
Calls are outpacing puts today by 6 to 1.
Ivanhoe Mines Ltd. is an international mineral exploration and development company. The company's principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia.
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