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Daily Options Trading for Kinross Gold Corporation (KGC)
Thursday, 24 June 2010 21:47KGC options saw interesting call activity today. A total of 503 put and 1,613 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.31. There were 3.21 calls traded for each put contract.
Put/Call ratio is often used to measure investment sentiment, the ratio serves as a predictor of investor behavior. Unusual options volume provides reliable clues that the stock is expected to make a move.
Bearish Pressure Building on Kinross Gold Corporation; KGC
Monday, 21 June 2010 00:00Kinross Gold Corporation (KGC) gained some ground during trading yesterday, but it appears there is some bearish pressure building up in the background. Looking at yesterday's money flows, $26.5 million left the stock. Only $36.95 million flowed into the stock on uptick trades while $10.45 million flowed in on downtick trades---giving KGC an up/down ratio of 28/100.
The question is, will KGC continue rising or will increasing bearish sentiment help turn things around and start pushing the stock price lower? KGC has lost 3.44% during the past month and is currently trading above its 20-day and 50-day moving averages but below its 200-day moving average.






