Newmont Goldcorp Stock Options Expiring on 24th of January
| NEM Stock | USD 42.39 0.00 0.00% |
Newmont Goldcorp's latest option contracts expiring on January 24th 2025 are carrying combined implied volatility of 0.82 with a put-to-call open interest ratio of 0.49 over 68 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on January 24th 2025. The total put volume is at 2.4 K, with calls trading at the volume of 3.1 K. This yields a 0.76 put-to-call volume ratio.
Open Interest Against January 24th 2025 Option Contracts
2025-01-24
The chart above shows Newmont Goldcorp's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Newmont Goldcorp's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Newmont Goldcorp's option, there is no secondary market available for investors to trade.
Newmont Goldcorp Maximum Pain Price Across 2025-01-24 Option Contracts
Max pain occurs when Newmont Goldcorp's market makers reach a net positive position across all Newmont Goldcorp's options at a strike price where option holders stand to lose the most money. By contrast, Newmont Goldcorp's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Please note that buying 'in-the-money' options on Newmont Goldcorp lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Newmont Goldcorp's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Newmont Goldcorp contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Newmont Stock moves the wrong way.
Newmont Goldcorp Corp In The Money Call Balance
When Newmont Goldcorp's strike price is surpassing the current stock price, the option contract against Newmont Goldcorp Corp stock is said to be in the money. When it comes to buying Newmont Goldcorp's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Newmont Goldcorp Corp are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Newmont Current Options Market Mood
Newmont Goldcorp's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Newmont Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of Newmont Goldcorp's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Newmont Goldcorp's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Newmont contract
Base on the Rule 16, the options market is currently suggesting that Newmont Goldcorp Corp will have an average daily up or down price movement of about 0.0513% per day over the life of the 2025-01-24 option contract. With Newmont Goldcorp trading at USD 42.39, that is roughly USD 0.0217. If you think that the market is fully incorporating Newmont Goldcorp's daily price movement you should consider buying Newmont Goldcorp Corp options at the current volatility level of 0.82%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Newmont |
Newmont Goldcorp Option Chain
When Newmont Goldcorp's strike price is surpassing the current stock price, the option contract against Newmont Goldcorp Corp stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Newmont Goldcorp's option chain is a display of a range of information that helps investors for ways to trade options on Newmont. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Newmont. It also shows strike prices and maturity days for a Newmont Goldcorp against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Strike Price | Current Spread | Last Price | |||
Call | NEM250124C00030000 | 1 | 30.0 | 10.15 - 13.0 | 8.2 | In |
Call | NEM250124C00033000 | 35 | 33.0 | 8.4 - 9.95 | 8.65 | In |
Call | NEM250124C00034000 | 6 | 34.0 | 5.95 - 8.8 | 5.51 | In |
Call | NEM250124C00035000 | 25 | 35.0 | 5.8 - 7.6 | 6.7 | In |
Call | NEM250124C00036000 | 2 | 36.0 | 5.65 - 5.8 | 5.7 | In |
Call | NEM250124C00042500 | 687 | 42.5 | 0.06 - 0.31 | 0.3 | Out |
Call | NEM250124C00042000 | 1161 | 42.0 | 0.37 - 0.49 | 0.47 | Out |
Call | NEM250124C00041500 | 567 | 41.5 | 0.51 - 0.73 | 0.75 | Out |
Call | NEM250124C00041000 | 976 | 41.0 | 0.89 - 1.07 | 1.1 | In |
Call | NEM250124C00040500 | 386 | 40.5 | 1.27 - 1.86 | 1.27 | In |
Call | NEM250124C00040000 | 747 | 40.0 | 1.59 - 1.84 | 1.91 | In |
Call | NEM250124C00039500 | 73 | 39.5 | 2.08 - 2.71 | 2.13 | In |
Call | NEM250124C00039000 | 115 | 39.0 | 2.18 - 2.97 | 2.69 | In |
Call | NEM250124C00038500 | 26 | 38.5 | 2.78 - 4.55 | 3.09 | In |
Call | NEM250124C00038000 | 351 | 38.0 | 1.74 - 3.8 | 3.64 | In |
Call | NEM250124C00037500 | 21 | 37.5 | 2.95 - 5.6 | 4.36 | In |
Call | NEM250124C00037000 | 111 | 37.0 | 3.9 - 6.0 | 4.8 | In |
Call | NEM250124C00044500 | 1 | 44.5 | 0.04 - 0.38 | 0.04 | Out |
Call | NEM250124C00044000 | 595 | 44.0 | 0.05 - 0.09 | 0.07 | Out |
Call | NEM250124C00043500 | 86 | 43.5 | 0.08 - 0.1 | 0.12 | Out |
Call | NEM250124C00043000 | 343 | 43.0 | 0.15 - 0.19 | 0.19 | Out |
Call | NEM250124C00046000 | 30 | 46.0 | 0.01 - 0.62 | 0.02 | Out |
Call | NEM250124C00045500 | 60 | 45.5 | 0.02 - 0.1 | 0.02 | Out |
Call | NEM250124C00045000 | 92 | 45.0 | 0.02 - 0.06 | 0.02 | Out |
Call | NEM250124C00048000 | 2 | 48.0 | 0.0 - 0.75 | 0.14 | Out |
Call | NEM250124C00047500 | 0 | 47.5 | 0.0 - 0.95 | 0.95 | |
Call | NEM250124C00047000 | 4 | 47.0 | 0.0 - 0.38 | 0.09 | Out |
Call | NEM250124C00046500 | 0 | 46.5 | 0.0 - 0.42 | 0.42 | |
Call | NEM250124C00049000 | 1 | 49.0 | 0.0 - 0.75 | 0.28 | Out |
Call | NEM250124C00050000 | 14 | 50.0 | 0.0 - 0.23 | 0.23 | Out |
Call | NEM250124C00051000 | 0 | 51.0 | 0.0 - 0.75 | 0.75 | |
Call | NEM250124C00052000 | 0 | 52.0 | 0.0 - 0.75 | 0.75 | |
Call | NEM250124C00055000 | 10 | 55.0 | 0.0 - 0.01 | 0.07 | Out |
Call | NEM250124C00060000 | 3 | 60.0 | 0.0 - 0.09 | 0.09 | Out |
Put | NEM250124P00031000 | 13 | 31.0 | 0.0 - 0.25 | 0.46 | Out |
Put | NEM250124P00032000 | 5 | 32.0 | 0.0 - 0.08 | 0.03 | Out |
Put | NEM250124P00033000 | 8 | 33.0 | 0.0 - 0.05 | 0.12 | Out |
Put | NEM250124P00034000 | 15 | 34.0 | 0.0 - 0.25 | 0.2 | Out |
Put | NEM250124P00041000 | 95 | 41.0 | 0.08 - 0.42 | 0.27 | Out |
Put | NEM250124P00040500 | 70 | 40.5 | 0.16 - 0.2 | 0.17 | Out |
Put | NEM250124P00040000 | 139 | 40.0 | 0.09 - 0.12 | 0.1 | Out |
Put | NEM250124P00039500 | 69 | 39.5 | 0.04 - 0.07 | 0.06 | Out |
Put | NEM250124P00039000 | 233 | 39.0 | 0.0 - 0.11 | 0.05 | Out |
Put | NEM250124P00038500 | 255 | 38.5 | 0.02 - 0.11 | 0.02 | Out |
Put | NEM250124P00038000 | 501 | 38.0 | 0.0 - 0.25 | 0.12 | Out |
Put | NEM250124P00037500 | 44 | 37.5 | 0.0 - 0.25 | 0.02 | Out |
Put | NEM250124P00037000 | 101 | 37.0 | 0.01 - 0.05 | 0.14 | Out |
Put | NEM250124P00036500 | 10 | 36.5 | 0.0 - 0.05 | 0.02 | Out |
Put | NEM250124P00036000 | 100 | 36.0 | 0.0 - 0.05 | 0.02 | Out |
Put | NEM250124P00035500 | 1 | 35.5 | 0.0 - 0.05 | 0.02 | Out |
Put | NEM250124P00035000 | 77 | 35.0 | 0.0 - 0.04 | 0.05 | Out |
Put | NEM250124P00042500 | 112 | 42.5 | 0.87 - 1.29 | 1.01 | In |
Put | NEM250124P00042000 | 1133 | 42.0 | 0.59 - 0.77 | 0.68 | In |
Put | NEM250124P00041500 | 157 | 41.5 | 0.38 - 0.52 | 0.45 | Out |
Put | NEM250124P00044000 | 10 | 44.0 | 2.06 - 3.5 | 2.41 | In |
Put | NEM250124P00043500 | 1 | 43.5 | 1.08 - 2.13 | 1.79 | In |
Put | NEM250124P00043000 | 32 | 43.0 | 1.3 - 1.6 | 1.43 | In |
Put | NEM250124P00045000 | 1 | 45.0 | 2.35 - 4.4 | 6.88 | In |
Put | NEM250124P00048000 | 0 | 48.0 | 6.25 - 7.25 | 10.8 | In |
Put | NEM250124P00047500 | 0 | 47.5 | 5.75 - 6.55 | 5.75 | In |
Put | NEM250124P00047000 | 0 | 47.0 | 4.6 - 5.9 | 4.6 | In |
Put | NEM250124P00046500 | 0 | 46.5 | 2.84 - 6.35 | 2.84 | In |
Put | NEM250124P00049000 | 0 | 49.0 | 5.55 - 8.75 | 5.55 | In |
Put | NEM250124P00050000 | 0 | 50.0 | 6.45 - 9.85 | 12.1 | In |
Put | NEM250124P00051000 | 0 | 51.0 | 7.1 - 11.55 | 7.1 | In |
Put | NEM250124P00052000 | 0 | 52.0 | 8.6 - 11.0 | 14.0 | In |
Put | NEM250124P00055000 | 0 | 55.0 | 12.2 - 14.15 | 12.2 | In |
Put | NEM250124P00060000 | 0 | 60.0 | 16.45 - 20.15 | 16.45 | In |
Newmont Goldcorp Market Cap Over Time
Market Cap |
| Timeline |
Newmont Total Stockholder Equity
Total Stockholder Equity |
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Newmont Goldcorp Corporate Directors
| Julio Quintana | Independent Director | Profile | |
| Jane Nelson | Independent Director | Profile | |
| Bruce Brook | Senior Independent Director | Profile | |
| Veronica Hagen | Senior Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.039 | Dividend Share 1 | Earnings Share (2.19) | Revenue Per Share | Quarterly Revenue Growth 0.847 |
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.