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Market Vector Gold Miners (GDX) volatility low as shares rally on $964 gold

May 28, 2009 12:24 PM EDT
Market Vector Gold Miners (NYSE: GDX) : Market Vector Gold Miners is recently up $1.86 to $43.08. Gold is recently up 0.96% to $964.40. PCLN call option volume of 19,779 contracts compares to put volume of 49,726 contracts. GDX June option implied volatility of 47; below its six month average of 65, according to Track Data, suggesting decreasing price movement. Paul Foster

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