Calls Purchased on Eldorado Gold Corporation

Shares of Eldorado Gold Corporation EGO are higher on the session by 1.95%, currently trading at $14.34. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the October 2011 $15.00 call was purchased 9,900 times, on the offer, on open interest of 525 contracts. Overall call volume is now running at 4.70x the daily average with 91% of all calls traded being purchases on the offer. Eldorado Gold Corporation is engaged in gold mining and related activities including exploration, development, extraction, processing and reclamation.