Bullish option flow detected in Newmont Mining with 10,341 calls trading, 3x expected, and implied vol increasing over 1 point to 36.46%. 4/6 weekly 50 calls and Mar-23 45 puts are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.44. Earnings are expected on April 21st.
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Published first on TheFly
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Read More on NEM:
- Newmont upgraded yesterday to Buy at Canaccord on valuation
- Newmont, Newcrest agree to terms on NDA to allow for talks, AFR reports
- Newmont upgraded to Buy from Hold at Canaccord
- Newmont Mining call volume above normal and directionally bullish
- Newmont upgraded to Buy at TD Securities following 20% correction
