NEM Covered Calls: Premium Income for Newmont
Newmont is the world's largest gold mining company. Commodity-driven IV creates above-average covered call premiums.
What NEM shares could pay in covered call premium
Newmont is the world's largest gold mining company. Commodity-driven IV creates above-average covered call premiums.
Covered Call Pro ranks live NEM call options by premium-per-day — strike, expiry, premium, and annualized yield — with illiquid chains filtered out. Run the live screener to see today's numbers.
NEM covered call FAQ
How much premium does a NEM covered call pay?
Premiums change daily with Newmont's stock price and implied volatility. The Covered Call Pro screener ranks live NEM strikes by premium-per-day so you can see exactly what your shares could pay right now.
Do I need 100 shares of NEM to sell a covered call?
Yes. One options contract covers 100 shares, so selling one covered call on NEM requires owning at least 100 shares. If you own fewer, the position would not be "covered."
What is the risk of selling covered calls on NEM?
The main trade-off is capped upside: if Newmont rises above your strike price by expiration, your shares can be called away at the strike. You keep the premium either way, but you give up gains beyond the strike. You also keep full downside exposure to the stock itself. This page is educational information, not investment advice.
Related covered call stocks
- GOLD (Barrick Gold) covered calls
- FCX (Freeport-McMoRan) covered calls
- LIN (Linde) covered calls
- SHW (Sherwin-Williams) covered calls
- APD (Air Products & Chemicals) covered calls
NEM covered call calculator · This week's Golden Triangle watchlist
Educational information only — not investment advice. Options involve risk, including capped upside and full downside exposure to the underlying stock.