Hecla Mining Shares Rise, Volatility Rises (HL)

Hecla Mining Company HL shares are up 10c on the day to 8.86 on above average volume of 10 mil shares vs 9.4 mil 3 month average. Options traders focused on the November 9 and 10 calls as a calls spread was purchased. The implied volatility across Hecla Mining HL strikes is up to 73 which above the 20 week average of 52. Back on November 5th Hecla Mining December calls were active on a price spike. December 8 and 9 call are active on total volume of 61K contracts 6K puts. Today's Range: 8.73 8.86
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Posted In: OptionsTrading Ideashecla miningMaterialsPrecious Metals & Minerals
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