Ominous Options Activity in Gold Miners ETF
May 07, 2013 at 14:59 PM EDT
Shares of the downtrodden Market Vectors Gold Miners ETF (NYSE: GDX ) are down 3.4 percent Tuesday, extending the ETF's 90-day loss to 33.6 percent, and some traders are betting things could get worse for GDX. Citing a note from Interactive Brokers, Barron's reports nearly 40,000 June $27 puts