NEM has been in oversold territory for many days and appears to be consolidating here as it's held support. I believe short term commodities have bottomed (copper, gold etc) and NEM is attractive here. I would expect a bounce to $60-65 in coming weeks.
Trade active:
Purchased 240 October 21, 2022 $52.50 calls. NEM should see $60 in coming weeks
Comment:
Added 260 more calls. Total of 500 calls.