In today’s session Market Vectors Gold Miners ETF (GDX) recorded an unusually high (1,108) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious GDX decrease. With 1,108 contracts traded and 23874 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: GDX161118P00024500 closed last at: $0.71 or 2.9% up. Market Vectors Gold Miners ETF (NYSEARCA:GDX) has risen 24.54% since April 5, 2016 and is uptrending. It has outperformed by 22.58% the S&P500.
More notable recent Market Vectors Gold Miners ETF (NYSEARCA:GDX) news were published by: Investorplace.com which released: “Market Vectors Gold Miners ETF (GDX) Is Overbought and Overmined” on November 03, 2016, also Etfdailynews.com with their article: “Things Will Get Worse for Gold Miners Before They Get Better” published on November 05, 2016, Benzinga.com published: “Alan Knuckman’s Market Vectors Gold Miners ETF Trade” on October 15, 2016. More interesting news about Market Vectors Gold Miners ETF (NYSEARCA:GDX) were released by: Etfdailynews.com and their article: “McDonald: Gold Miners Are a “Screaming Buy”” published on October 18, 2016 as well as Etfdailynews.com‘s news article titled: “Gold Miners Forecast for 2017” with publication date: October 24, 2016.
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