Calls Purchased on Vista Gold Corp. (VGZ)

Shares of Vista Gold Corp. VGZ are higher on the session by 6.81%, currently trading at $3.45. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the March 2011 $2.50 call was purchased 1,000 times, on the offer, on open interest of 2,671 contracts. Overall call volume is now running at 12.08x the daily average with 85% of all calls traded being purchases on the offer. Vista Gold Corp. is engaged in the evaluation, acquisition, exploration and advancement of gold exploration and development projects.