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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