2700/5400 NEM Nov 37.5 puts over Dec 32 puts went up in 2 blocks on the ARCA
Shares Newmont Mining Corp (NEM) are down 2.00 to 32.68 today. ?NEM is in the middle of the 52 week range.
- Paper traded 2700/5400 NEM Nov 37.5 puts over Dec 32 puts for 5.01 and 1.78. ?
- The ADV is 18154 contracts.? ?
- The open interest is 3586 and 1000 contracts.
The volume went up in 2 blocks on the ARCA marked spread.? It looks like the trader closed a short put and then sold more at the money in Dec.? Total volume was a bit more than the initial spread and the orders traded outside the markets at the time.?? This could be a double down at lower price trade if it went up as priced.
- IV 30 is trading for 49%.?
- HV10 is trading for 53%.?
- IV 30 is above the HV 10.
Newmont Mining Corporation is a global mining company, which is focused on the production of and exploration for gold and copper. The Company is primarily a gold producer with operations and/or assets in the United States, Australia, Peru, Indonesia, Ghana and Suriname.