- 3 Safe Investments That Let You ‘Sleep Better:’ Strategist
- Beware of 'Trampling Effect' When Market Tops: Manager
- Gold Heading to $1150: Art Hogan
- More Upside if S&P Passes This Number: Market Pro
- Playing Activision and Other Video Game Stocks: Analyst
- Expect 'At Least' Another 10-15% Upside: Fund Manager
- Why are Options Bullish on This Smartphone Maker?
- Why are Traders Bullish on This Food Company?
- Profiting From Natural Gas: Strategists
- 3 Hot Mid-Cap Stock Picks: Portfolio Manager
MOST SHARED
- Herbalife Vs. Hedge Funds
- AIG CEO Ready to Quit over Pay Constraints: Report
- Apple Surpasses Nokia as Top Cellphone Maker by Profits
- China Factory Output Leaps to 19-Month Highs
- America Is On Sale
- Toll Brothers: More Contracts Signed, but Sales Down
- Cramer Jeers J&J, Applauds Abbott
- Three Things the US Can Do To Stop the Dollar's Decline
- Beware of 'Trampling Effect' When Market Tops: Manager
- Gold Heading to $1150: Art Hogan
- Starbucks Brews Up Growth
- Farr: An Extended Period—No Fat Lady in Sight
- More Upside if S&P Passes This Number: Market Pro
- Murdoch Lashes Out At Google
- Fighting The Flu Vaccine Critics
- Nov. 10: Unusual Volume Leaders
- Shadow Inventory Dwarfs Loan Mods
- US Recovery to be Weak, Erratic: Top Fed Officials
- AIG CEO Ready to Quit over Pay Constraints: Report
- Retail Earnings in Focus Ahead of Shopping Season
- Apple Surpasses Nokia as Top Handset Maker by Profit
- Brazil's Largest Cities Hit by Blackout
- In This Relay-Race Market, Who Gets Baton Next?
- Workers Staying Put at Their Jobs as Jobless Surges
- Ponzi Proceeds: Bidding on Madoff's Toys
- Toll Brothers: More Contracts Signed, but Sales Down
RSS FEED
CNBC Stock Blog
Text Size 
The options volumes on commodity ETFs are crazy busy Wednesday.
The GLD [GLD
Loading...
()
] exchange traded fund, which is designed to reflect the price of gold bullion, is seeing some 90,000 contracts change hands against average daily turnover of 53,000. The USO [USO
Loading...
()
], which reflects crude oil performance, is trading 78,000 contracts against average daily volume of 58,000.
In addition, the mining sector has seen 344,000 contracts change hands by midday, already nearing the 351,000 daily average for the last 20 days. Options volume in Silver Wheaton [SLW
Loading...
()
], a silver mining company, is extremely heavy at double the average for a full day's trading.
So far today other stocks that are showing heavy activitiy on OptionMonster's proprietary tracking systems include Barrick Gold [ABX
Loading...
()
], which is trading 155 percent above full-session volume; Newmont Mining [NEM
Loading...
()
], which is 145 percent of normal full-session activity, and Goldcorp [GG
Loading...
()
], which 125 percent of normal full-session action.
___________________________
Jon 'DRJ' Najarian is a professional investor, CNBC contributor, and cofounder of OptionMonster.
___________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes