In today’s session Market Vectors Gold Miners ETF (GDX) registered an unusually high (3,255) 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 3,255 contracts traded and 158724 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: GDX170120C00027000 closed last at: $0.12 or 40% down. Market Vectors Gold Miners ETF (NYSEARCA:GDX) has declined 8.24% since April 25, 2016 and is downtrending. It has underperformed by 14.25% the S&P500.
More notable recent Market Vectors Gold Miners ETF (NYSEARCA:GDX) news were published by: Etfdailynews.com which released: “Gold Miners Set To Lead Again In 2017” on November 26, 2016, also Investorplace.com with their article: “Market Vectors Gold Miners ETF (GDX) Is Overbought and Overmined” published on November 03, 2016, Etfdailynews.com published: “Gold Miner Technicals Are Signaling a Buy Soon” on November 23, 2016. More interesting news about Market Vectors Gold Miners ETF (NYSEARCA:GDX) were released by: Etfdailynews.com and their article: “As Gold Miners Crash, Is A New Bear Market Forming?” published on November 11, 2016 as well as Etfdailynews.com‘s news article titled: “Things Will Get Worse for Gold Miners Before They Get Better” with publication date: November 05, 2016.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.