Call Volume Grows on Gold Fields LTD (GFI)

Shares of Gold Fields LTD GFI are higher on the session by 2.54%, currently trading at $14.13. The stock has been rallying nicely over the past five months and seems to want to make a run at the 52-week high near $16.00. Options traders are buying calls on the stock today. Though most of the action has been in small lots, call volume is currently running at 3x the daily average. Traders are focusing in on the $14 strike in multiple months. Gold Fields Limited is a producer of gold and holder of gold reserves in South Africa, Ghana, Australia and Peru. In Peru, Gold Fields also produces copper. Gold Fields is primarily involved in underground and surface gold and copper mining and related activities, including exploration, extraction, processing and smelting.