Option traders moderately bearish in Hecla Mining (HL), with shares down 96c near $16.96. Options volume relatively light with 21k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.45. Implied volatility (IV30) is higher by 1.4 points near 85.96,in the top quartile of the past year, suggesting an expected daily move of $0.92. Put-call skew steepened, indicating increased demand for downside protection.
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