Shares of Eldorado Gold Corp. EGO are trading at a fresh 52-week high today on the back of another move higher in Gold Futures. The stock’s is currently trading higher by 5.8% to $17.13 and call volume is running at 2.54x the daily average.
Bullish call activity in Eldorado Gold can be seen in nearly every single month, though the most notable action can be seen on the June $18 call strike, where 1,100 contracts have been purchased. Open interest on that line was only 655 contracts. The $19 call in July also had notable volume; there were no open contracts on that line.
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