Bullish option flow detected in Newmont Mining with 35,708 calls trading, 5x expected, and implied vol increasing over 1 point to 37.45%. May-23 55 calls and Jun-23 55 calls are the most active options, with total volume in those strikes near 7,700 contracts. The Put/Call Ratio is 0.16. Earnings are expected on April 21st.
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Published first on TheFly
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Read More on NEM:
- Newmont Mining call volume above normal and directionally bullish
 - 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 upgraded to Buy at TD Securities following 20% correction
 
