Bullish option flow detected in Newmont (NEM) Mining with 11,619 calls trading, 1.4x expected, and implied vol increasing over 2 points to 35.68%. Jan-27 65 calls and Aug-25 65 calls are the most active options, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 0.38. Earnings are expected on July 24th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NEM:
- Newmont price target raised to C$100 from C$94 at National Bank
- NEM, B, KGC: Central Banks Plan to Boost Gold Reserves to Record Levels
- Inflection Resources to acquire Australian copper-gold projects from Newmont
- NEM, KGC, B: Gold’s Price Leaps as Middle East Tensions Flare
- Early notable gainers among liquid option names on June 12th