Options Update: Hecla Mining trending higher with rising precious metal prices

Posted Nov 19th 2009 9:15AM by Paul Foster
Filed under: Options

Hecla Mining (HL) closed at $6.28. Gold is recently down 0.66% to 1133.70 according to Bloomberg. Hecla Mining December and January option implied volatility of 80 is near its 26-week average of 82 according to Track Data, suggesting non-directional price movement.

Monster Worldwide (MWW) closed at $16.29. MWW December option implied volatility is at 60, January is at 57; versus its 26-week average of 57. Options were active on November 18 on volume of 56,606 contracts according to Track Data. Average daily volume is 12,750 contracts according to IVolatility.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Tags: Hecla Mining, HeclaMining, hl, Monster Worldwide, MonsterWorldwide, mww, option implied volatility, OptionImpliedVolatility