GOlD FUTURES

Call Volume Surges on Yamana Gold

Posted on November 09th, 2010 in AUY, calls, Dividend, earnings, GOlD FUTURES, India Shares, inthenews, options, technical analysis, third quarter, Yamana Gold

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Gold futures have continued their quest for all-time highs today, and options players are reacting by opening new bullish bets on stocks within the precious metals sector. One such equity is Yamana Gold (AUY), which saw call volume ramp up to more than double its daily average by midday.

Within the first couple hours of the session, about 24,000 calls changed hands on AUY, easily outstripping its average daily volume of roughly 11,000 calls. The most active strike today is AUY’s January 2011 15 call, with 4,079 contracts trading. The majority of these calls traded at the ask price, indicating they were most likely purchased. Not far behind is AUY’s April 2011 20 call, where 2,774 contracts crossed the tape — 78% at the ask price.

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Call Volume Surges on Yamana Gold originally appeared on BloggingStocks on Tue, 09 Nov 2010 14:00:00 EST. Please see our terms for use of feeds.

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Put Players Flock to Newmont Mining

Posted on October 05th, 2010 in annual high, featured, gold, GOlD FUTURES, hedge, India Shares, inthenews, NEM, newmont mining, options, protective puts, puts

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Newmont (NEM) logoPut volume skyrocketed Tuesday on Newmont Mining (NEM), with roughly 22,000 contracts crossing the tape within the first 90 minutes of the session. By contrast, NEM was only expected to see about 1,800 puts change hands — so this surge represents about 12 times the norm.

The equity’s November 60 put is far and away the most active. By 11 a.m., this out-of-the-money strike had already seen in excess of 13,200 contracts exchanged, with 59% of these puts trading at the ask price. Implied volatility on this back-month option has climbed by 2.6 percentage points to 35.2%, so it seems likely that buyers are driving the bulk of today’s volume.

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Put Players Flock to Newmont Mining originally appeared on BloggingStocks on Tue, 05 Oct 2010 11:30:00 EST. Please see our terms for use of feeds.

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Gold Hits 2010 High in Europe

Posted on May 03rd, 2010 in gold, GOlD FUTURES, GoldFutures, India Shares, inthenews, June gold futures, JuneGoldFutures, silver, SpotGold

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On Monday spot gold was quoted at $1,182.46 per ounce, after hitting a 2010 high of $1,182.95.

The key to the spike was the lack of confidence in the Greek debt bailout of $147 billion. While the aid package will halt the present debt problems in Greece, investors are looking forward, over the long term, and still see difficulties for the eurozone.

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Gold Hits 2010 High in Europe originally appeared on BloggingStocks on Mon, 03 May 2010 14:00:00 EST. Please see our terms for use of feeds.

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India’s Diwali shoot up world gold prices

Posted on October 16th, 2009 in Bullion, GOlD FUTURES, GOLD PRICES

Diwali or Deepwali is a festival of lights. Diwali is the biggest festival celebrated in the Hindu calendar. Diwali is a time of joy, happiness and a time to come close. This diwali come close to your near and dear ones and celebrate the day with full vigor. Send online diwali greetings, diwali ecards and [...]

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