With gold near August lows, traders bet on more pain for one mining stock $AEM (via OptionsAction)
on Tuesday after falling nearly 4% in the last week on rising optimism around trade talks. Still up nearly 16% for the year, gold has seen elevated inflows in recent months as investors flocked to the historically "safe" asset amid broader uncertainty in the stock market.
"The buyer of those puts is obviously making a bet that the stock's going to decline below that $50 strike price by at least the $1.20 that they paid," Khouw said.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Japan's August factory output slips more than expected on slowing overseas demandJapan's industrial output shrank more than expected in August in the latest...
Consulte Mais informação »
Japan's August factory output fall more than expected on slowing overseas demandJapan's industrial output shrank more than expected in August in the latest...
Consulte Mais informação »
The Gold-Rimmed Manicure You're About To See EverywhereThe chic gold-rimmed manicure is one nail-art trend we're betting on for fall.
Consulte Mais informação »
One FANG stock could rally another 40% before it gets overvalued, trader saysOne FANG stock could rally another 40% before it gets overvalued, trader says $FB $AMZN $NFLX $GOOGL (via TradingNation)
Consulte Mais informação »
Stocks This Week: Buy Sun Trust Banks And WeyerhauserHere are a pair of stocks that are likely to rally over the near term.
Consulte Mais informação »
Three options strategies for the week: September 30, 2019The 'Options Action' traders share their first moves for the market open.
Consulte Mais informação »