Calls Purchased on Northern Dynasty Minerals (NAK)

Shares of Northern Dynasty Minerals NAK are higher on the session by 9.18%, currently trading at $11.06. The stock has been moving largely higher over the past four months and is currently trading well above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the December $10.00 call was purchased ~1,100 times, on the offer, on open interest of 1,258 contracts. Overall call volume is now running at 3.34x the daily average with 89% of all calls traded being purchases on the offer. Northern Dynasty Minerals Ltd. is a Canada-based company engaged in the exploration of mineral properties. The company owns a 50% interest in the Pebble Limited Partnership.
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Posted In: Long IdeasTechnicalsOptionsTrading IdeasDiversified Metals & MiningMaterials
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