James River Coal (JRCC) Moves Higher on Volatility; Leads Coal Mining Segment

August 21, 2012 10:37 AM EDT Send to a Friend
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James River Coal Co. (Nasdaq: JRCC) volatility is up as shares continue moving higher.

Market data shows James River's implied volatility up over 11 percent on the session from Monday's close. The current level is still at 77 percent of its trailing average.

Shares of the coal miner are up over 7.5 percent on the session, leading coal miners higher.

Notably, shares might be approaching an activity level of $2.80, which has been a recent resistance point.


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