| Big trade sticks with gold miners | |
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A large investor is looking for the Market Vectors Gold Miners Fund to pop in the next week.
optionMONSTER's Heat Seeker system detected the sale of 19,894 Weekly 13.50 calls expiring today for $0.25 and the purchase of 19,894 Weekly 14 calls expiring next Friday for $0.27. Volume was below open interest in the lower strike, indicating that a long position was rolled forward.
The trader is closing the expiring 13.50 contracts and opening a new position at the higher strike one week later for a net cost of $0.02. Long calls lock in the price where investors can buy a stock, which lets them position for a rally with limited capital. (See our Education section)
GDX is up 2.39 percent to 13.69 in early trade but is down 34 percent in the last month. The exchange-traded fund has been hammered with the bear market in gold and has lost half its market valuation in the last year.
Total GDX calls are outnumbering puts by more than 30 to 1 so far.
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Prb Energy Inc.
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CODE : PRB |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Prb Energy is a and oil development stage company based in United states of america. Prb Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 214.4 millions as of today (€ 188.5 millions). Its stock quote reached its lowest recent point on April 25, 2008 at US$ 0.10, and its highest recent level on June 28, 2019 at US$ 24.58. Prb Energy has 8 722 000 shares outstanding. |