Market Whales and Their Recent Bets on Hecla Mining Options - Hecla Mining (NYSE:HL)

Core Insights - High-rolling investors are taking a bearish position on Hecla Mining, indicating potential privileged information influencing their trades [1] - The sentiment among major traders is predominantly bearish, with 66% of options trades reflecting this outlook [2] - The projected price targets for Hecla Mining range from $5.5 to $20.0 based on recent options activity [3] Options Activity - A total of 12 options trades were identified for Hecla Mining, with one put option valued at $52,300 and 11 call options totaling $477,166 [2] - Noteworthy options activity includes several bearish call trades with significant total trade prices, indicating a cautious outlook among traders [9] - The volume and open interest data for Hecla Mining's options suggest a focus on liquidity and interest within the $5.5 to $20.0 strike price range over the past 30 days [4][5] Company Overview - Hecla Mining Co is involved in the production and exploration of silver, gold, zinc, and other metals, with the Greens Creek segment generating the most revenue [10] - The company operates in Canada, the United States, and Mexico, with a majority of its revenue derived from the United States [10] - An industry analyst has set a neutral rating for Hecla Mining, with an average target price of $15.0 [12][13] Current Market Status - Hecla Mining's stock price is currently at $12.33, reflecting a decrease of 3.37% with a trading volume of 4,878,843 [15] - The stock may be approaching overbought conditions based on current RSI values [15] - The next earnings report for Hecla Mining is scheduled for one day from now [15]