Glencore Options Activity Surges, Market Interest Concentrates on July Calls
Options volume in Glencore Plc accelerated sharply, reaching 18,640 contracts by 7:50 a.m. New York time on Wednesday. The flow was overwhelmingly in calls, with heavy concentration in two July strikes; Glencore shares slid nearly 2% while short-term volatility and skew metrics moved modestly higher and lower respectively.