Bullish option flow detected in Newmont Mining with 17,475 calls trading, 1.2x expected, and implied vol increasing over 1 point to 34.99%. Jan-25 45 calls and Oct-24 58 calls are the most active options, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 0.26. Earnings are expected on October 24th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NEM:
- Newmont Mining call volume above normal and directionally bullish
- Newmont price target raised to $65 from $50 at UBS
- Newmont exercises top-up rights to purchase additional Metallic Minerals shares
- Could Greatland Gold (GGP) Stock See a Turnaround?
- Early notable gainers among liquid option names on September 12th