Bullish option flow detected in Newmont Mining with 7,844 calls trading, 1.4x expected, and implied vol increasing over 4 points to 35.97%. May-23 49 calls and 5/5 weekly 48 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.37. Earnings are expected on July 24th.
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Published first on TheFly
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