However, this fell short of the session high for the same contract month in gold (but not the most-active contract) on the Comex division.
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The big increase occurred even though copper was making neither multi-year lows nor highs, with the most active May contract remaining within the trading range in place since August.
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In the case of the most-active copper contract traded on the Comex division of the New York Mercantile Exchange, Tuesday was the first rise in nine trading sessions, although volume was small with electronic activity only as trading floors remained closed due to Hurricane Sandy.
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The most-active June gold contract traded on the Comex division of the New York Mercantile Exchange is headed for its seventh straight down day.
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The most active CSCO call contract today is the weekly November 18 strike, where 9, 428 calls have traded on open interest of 9, 807 contracts.
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Big up days this week on Monday and Friday enabled the most-active December gold contract to hit its highest level in more than a month on the Comex division of the New York Mercantile Exchange.
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April contract calls were most active just before noon in New York, with overall options volume nearing 29, 000 contracts against total open interest on WYNN of 140, 493 contracts.
June and July contract calls are the most active with in- and out-of-the-money call buying a seemingly popular strategy amongst traders.
"Michael's a consummate professional and is not going to talk to any club until his current contract with Newcastle expires on 30 June and therefore there's no active conversation, " added Duffen.
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