Calls Purchased on AngloGold Ashanti Limited (AU)

Shares of AngloGold Ashanti Limited AU are lower on the session by 0.70%, currently trading at $48.88. 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 January 2012 $50.00 call was purchased 2,600 times, on the offer, on open interest of only 1,580 contracts. This signals new positioning on the name. Overall call volume is now running at 3.92x the daily average with 94% of all calls traded being purchases on the offer. AngloGold Ashanti Limited is a global producer of gold. AngloGold Ashanti has 21 operations and a number of exploration programs in gold-producing regions of the world. As of December 31, 2009, AngloGold Ashanti's ore reserve totaled 71.4 million ounces. During the year ended December 31, 2009, the company produced 4.6 million ounces of gold from its operations.