AuRico Gold - Market Digest

Posted on 12/17/2012 by Evelyn Greenberg

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NEW YORK (AVAFIN) -- AuRico Gold options established a new 90-day record for traded call and put contracts. A total of 7,202 put and 3,537 call contracts were traded raising a 2.04 put/call ratio on shares of AUQ

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Investors use options to manage risk and to speculate on price changes. Options can provide significant leverage if the stock moves in the right direction but aslo end up worthless if it doesn't.

The trading volume of 2M is below the 90 day average volume of 3M shares. Shares of AuRico Gold edged up $0.10 (+1.23%) to $8.25. The price of the stock ranged between a low of $8.15 and $8.34 respectively.

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