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Check Out What Whales Are Doing With NEM

Benzinga ·  Jun 20 23:15

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 positions 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.

Today, Benzinga's options scanner spotted 8 options trades forNewmont.

This isn't normal.

The overall sentiment of these big-money traders is split between 25% bullish and 62%, bearish.

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