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Heavy trading in $
Apr 11 and 12 calls. Stock is ticking higher after a brutal 39% drop since Aug. 33K calls and 1,800 puts so far.
good portion of that brutal drop was due to shutting down an African mine for a few months. Should jump when it re-opens. Long.
Not that good on options but would selling puts make sense if people are thinking price will gap up
If I expect a gap up, buying stock or calls makes more sense. Selling puts offers only limited reward (the premium) if the stock rallies.
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Kinross Gold Corporation
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