Calls Sold on Harmony Gold (HMY)

Shares of Harmony Gold Mining Co. HMY are lower on the session by 1.60%, currently trading at $9.87. The stock has been moving largely higher over the past six months and has held a longer-term uptrend. Options traders are selling calls on the name today, though. The August $10.00 call was sold 800 times, on the bid, on open interest of 3,0419 contracts, and the January 2011 $9.00 call was sold 600 times, near the bid, on open interest of 1,465 contracts. Call volume is currently running at 3.07x the daily average. Harmony Gold Mining Company Limited is a gold producer. The company conducts underground and surface gold mining and related activities, including exploration, processing, smelting and beneficiation.
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Posted In: Short IdeasTechnicalsOptionsTrading IdeasGoldMaterials
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