Newmont Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bullish stance on Newmont (NYSE:NEM) with 70% of investors opening trades with bullish expectations and 30% with bearish. The total trade amounts are $400,692 for puts and $743,260 for calls. Whales have been targeting a price range of $37.5 to $42.5 for Newmont over the last 3 months.
June 21, 2023 | 6:47 pm
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A whale has taken a bullish stance on Newmont (NYSE:NEM) with 70% of investors opening trades with bullish expectations and 30% with bearish. Whales have been targeting a price range of $37.5 to $42.5 for Newmont over the last 3 months.
The article highlights a whale taking a bullish stance on Newmont, with the majority of investors also having bullish expectations. This indicates a positive sentiment towards the stock, which could lead to an increase in its price in the short term. The targeted price range of $37.5 to $42.5 also supports this bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100