Whales with a lot of money to spend have taken a noticeably bullish stance on Newmont.
Looking at options history for Newmont NEM we detected 15 trades.
If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 33% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $410,781 and 7, calls, for a total amount of $1,727,540.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $32.5 to $55.0 for Newmont during the past quarter.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Newmont's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Newmont's substantial trades, within a strike price spectrum from $32.5 to $55.0 over the preceding 30 days.
Newmont Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NEM | CALL | SWEEP | BULLISH | 01/16/26 | $7.4 | $7.25 | $7.4 | $37.50 | $740.1K | 22.1K | 1 |
| NEM | CALL | SWEEP | BEARISH | 01/16/26 | $7.4 | $7.05 | $7.35 | $37.50 | $737.2K | 22.1K | 2.0K |
| NEM | PUT | SWEEP | NEUTRAL | 03/21/25 | $0.86 | $0.85 | $0.86 | $35.00 | $102.1K | 5.2K | 1.1K |
| NEM | CALL | SWEEP | BULLISH | 03/21/25 | $1.53 | $1.46 | $1.53 | $42.50 | $81.6K | 18.8K | 1.0K |
| NEM | PUT | SWEEP | BEARISH | 01/16/26 | $16.05 | $15.9 | $16.0 | $55.00 | $79.9K | 620 | 50 |
About Newmont
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 5.5 million ounces of gold in 2024 from its core mines and 6.8 million in total. It is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.
Following our analysis of the options activities associated with Newmont, we pivot to a closer look at the company's own performance.
Where Is Newmont Standing Right Now?
- With a volume of 2,377,025, the price of NEM is up 2.71% at $40.23.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 37 days.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Newmont options trades with real-time alerts from Benzinga Pro.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
