Investors Purchase Large Volume of Put Options on Market Vectors Etf Trust (GDX)
Shares of Market Vectors Etf Trust (NYSE:GDX) were the recipient of some unusual options trading activity on Thursday. Stock investors acquired 27,794 put options on the company, AmericanBankingNews.com reports. This represents an increase of approximately 124% compared to the average volume of 12,388 put options.
Shares of Market Vectors Etf Trust (NYSE:GDX) traded down 2.21% on Thursday, hitting $26.07. The stock had a trading volume of 47,056,096 shares. Market Vectors Etf Trust has a 52 week low of $20.24 and a 52 week high of $31.35. The stock has a 50-day moving average of $26.64 and a 200-day moving average of $25.10.
Market Vectors Gold Miners ETF (NYSE:GDX) seeks to replicate as closely as possible, the price and yield performance of the NYSE Arca Gold Miners Index (GDM).
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