Newmont (NYSE:NEM) has seen significant options activity indicating a bullish sentiment among investors, with 62% of trades being bullish and 37% bearish. The options trades suggest a target price range of $37.5 to $42.5 for Newmont over the last 3 months. Notable trades include both calls and puts with varying sentiments and expiration dates. Newmont, the world's largest gold miner, recently acquired Newcrest and is expected to produce 7.3 million ounces of gold in 2023. The stock price is currently down at $38.67 with potential overbought signals. An analyst from Macquarie has set a price target of $45 with an Outperform rating.