NEM250417P00045000 Option on Newmont Goldcorp Corp

NEM Stock  USD 41.59  0.24  0.58%   
NEM250417P00045000 is a PUT option contract on Newmont Goldcorp's common stock with a strick price of 45.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 76 days remaining before the expiration. The option is currently trading at a bid price of $1.76, and an ask price of $3.85. The implied volatility as of the 31st of January is 76.0.
  
When exercised, put options on Newmont Goldcorp produce a short position in Newmont Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Newmont Goldcorp's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Newmont Goldcorp Corp will have an average daily up or down price movement of about 0.0208% per day over the life of the option. With Newmont Goldcorp trading at USD 41.59, that is roughly USD 0.008635. If you think that the market is fully understating Newmont Goldcorp's daily price movement you should consider buying Newmont Goldcorp Corp options at that current volatility level of 0.33%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Newmont Goldcorp

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Newmont Goldcorp positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Newmont Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameNEM250417P00045000
Expires On2025-04-17
Days Before Expriration76
Vega0.077065
Gamma0.060075
Theoretical Value3.62
Open Interest287
Current Trading Volume3.0
Strike Price45.0
Last Traded At3.62
Current Price Spread1.76 | 3.85
Rule 16 Daily Up or DownUSD 0.008635

Newmont short PUT Option Greeks

Newmont Goldcorp's Option Greeks for the contract ending on 2025-04-17 at a strike price of 45.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Newmont Goldcorp's option greeks, its implied volatility helps estimate the risk of Newmont Goldcorp stock implied by the prices of the options on Newmont Goldcorp's stock.
Delta-0.573873
Gamma0.060075
Theta-0.015152
Vega0.077065
Rho-0.046847

Newmont long PUT Option Payoff at expiration

Put options written on Newmont Goldcorp grant holders of the option the right to sell a specified amount of Newmont Goldcorp at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Newmont Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Newmont Goldcorp is like buying insurance aginst Newmont Goldcorp's downside shift.
   Profit   
       Newmont Goldcorp Price At Expiration  

Newmont short PUT Option Payoff at expiration

By selling Newmont Goldcorp's put option, the investors signal their bearish sentiment. A short position in a put option written on Newmont Goldcorp will generally make money when the underlying price is above the strike price. Therefore Newmont Goldcorp's put payoff at expiration depends on where the Newmont Stock price is relative to the put option strike price. The breakeven price of 41.38 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Newmont Goldcorp's price. Finally, at the strike price of 45.0, the payoff chart is constant and positive.
   Profit   
       Newmont Goldcorp Price At Expiration  
View All Newmont Goldcorp Options

Newmont Goldcorp Corp Available Put Options

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 IntStrike PriceCurrent SpreadLast Price
 Put
NEM250417P000325001032.50.12 - 0.490.18Out
 Put
NEM250417P0003500030335.00.3 - 0.510.3Out
 Put
NEM250417P0003750012537.50.66 - 0.930.68Out
 Put
NEM250417P00040000114740.01.14 - 1.421.39Out
 Put
NEM250417P0004250040642.52.29 - 2.452.27Out
 Put
NEM250417P0004500028745.01.76 - 3.853.62In
 Put
NEM250417P000475004547.55.45 - 5.66.05In
 Put
NEM250417P00050000050.07.5 - 7.657.6In
 Put
NEM250417P000550001355.012.0 - 12.6512.2In
 Put
NEM250417P00060000060.016.85 - 17.016.85In

Newmont Goldcorp Corporate Directors

Julio QuintanaIndependent DirectorProfile
Jane NelsonIndependent DirectorProfile
Bruce BrookSenior Independent DirectorProfile
Veronica HagenSenior Independent DirectorProfile
When determining whether Newmont Goldcorp Corp is a strong investment it is important to analyze Newmont Goldcorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newmont Goldcorp's future performance. For an informed investment choice regarding Newmont Stock, refer to the following important reports:
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 Stocks Directory module to find actively traded stocks across global markets.
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
15.331
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.