Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT) gapped up 3.4% higher on Wednesday, where the ETF ran into a group of sellers who knocked it down over 4% from the open.
Barrick Gold (NYSE:GOLD) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.12 by 8.33 percent. This is a 62.86 percent decrease over earnings of $0.35 per share from the same
Someone with a lot of money to spend has taken a bullish stance on Barrick Gold (NYSE:GOLD).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.