Option update: Newmont Mining volatility flat as gold rallies 2.3% to $988
Newmont Mining (NYSE: NEM), the world’s largest non-hedged gold producer, is recently up $1.53 to $51.63. Gold is recently up 2.31% to $988.60, according to Bloomberg.
NEM April option implied volatility of 42 is approach its 26-week average of 40
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
Original post by Paul Foster
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