Options market activity for New Gold Inc. indicates a big expected move, potential for spike.

From Nasdaq: 2024-12-04 09:45:00

Investors in New Gold Inc. NGD need to pay attention to the stock’s options market activity as the Feb 21, 2025 $1.00 Call has high implied volatility, indicating a big expected move. Analysts have a Zacks Rank #3 on New Gold, with no recent earnings estimate increases. Traders could capitalize on high implied volatility by selling premium options. Zacks Research Chief identifies stock with potential to double in value. Director of Research highlights an innovative financial firm with fast-growing customer base and cutting-edge solutions. Check out Zacks’ top stock pick and 4 runners-up for potential gains of +100% or more.



Read more at Nasdaq: Is the Options Market Predicting a Spike in New Gold (NGD) Stock?