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Spotlight on Newmont: Analyzing the Surge in Options Activity

Benzinga ·  Apr 30 10:31

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

And retail traders should know.

We noticed this today when the trades 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.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 13 uncommon options trades for Newmont.

This isn't normal.

The overall sentiment...

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