In today’s session Market Vectors Gold Miners ETF (GDX) registered an unusually high (488) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious GDX increase. With 488 contracts traded and 212884 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: GDX170120C00031000 closed last at: $0.32 or 10.3% up. Market Vectors Gold Miners ETF (NYSEARCA:GDX) has risen 20.24% since March 14, 2016 and is uptrending. It has outperformed by 14.63% the S&P500.
More notable recent Market Vectors Gold Miners ETF (NYSEARCA:GDX) news were published by: Benzinga.com which released: “Alan Knuckman’s Market Vectors Gold Miners ETF Trade” on October 15, 2016, also Etfdailynews.com with their article: “Is Gold Miners’ Correction Nearing an End?” published on October 14, 2016, Etfdailynews.com published: “More Selling Ahead for Gold Miners?” on October 05, 2016. More interesting news about Market Vectors Gold Miners ETF (NYSEARCA:GDX) were released by: Etfdailynews.com and their article: “Gold Miners Correction Continues, Despite Dovish Fed” published on September 23, 2016 as well as Etfdailynews.com‘s news article titled: “Oversold Gold Mining Index Presents Buying Opportunity” with publication date: September 28, 2016.
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