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TopgOptions
Jul 19, 2023 12:40 PM

NEM Newmont Corporation Options Ahead of Earnings Short

Newmont CorporationNYSE

Description

Analyzing the options chain of NEM Newmont Corporation prior to the earnings report this week,
I would consider purchasing the 42.5usd strike price Calls with
an expiration date of 9/15/2023,
for a premium of approximately $1.11.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

Trade active

I wanted to say Puts instead of Calls.
Comments
afshin_jam
Hey. Do you mean call or put?
TopgOptions
@afshin_jam, Put. Sorry.
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