Calls Purchased on Harmony Gold Mining Company Limited (HMY)

Shares of Harmony Gold Mining Company Limited HMY are higher on the session by 3.23%, currently trading at $14.68. The stock has been moving largely higher over the past four 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 August 2011 $15.00 call was purchased 5,000 times, on the offer, for $1.20 on open interest of 5,102 contracts. Overall call volume is now running at 2.33x the daily average with 94% of all calls traded being purchases on the offer. Harmony Gold Mining Company Limited is engaged in underground and surface gold mining and related activities, including exploration, processing and smelting. As at June 30, 2010, its mining operations reported total probable reserves of 48.1 million ounces, primarily from South African sources.