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Unpacking the Latest Options Trading Trends in Newmont

Benzinga ·  Oct 8 15:30

Investors with a lot of money to spend have taken a bullish stance onNewmont(NYSE:NEM).

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NEM, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 15 options trades forNewmont.

This isn't normal.

The overall sentiment of these big-money traders is split between 53% bullish and 46%, bearish.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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