Bullish option flow detected in Newmont Mining with 10,076 calls trading, 2.0x expected, and implied vol increasing over 1 point to 37.14%. 4/14 weekly 51 calls and 4/6 weekly 50 calls are the most active options, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 0.13. Earnings are expected on April 21st.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on NEM:
- Gold Stocks Gain Ground as the Metal Briefly Tops $2,000
- Newmont stock still worth buying as gold shines again, Barron’s says
- 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