Options Corner: Why New Gold's Options Market Is Bullishly Defying The Merger Playbook - New Gold (AMEX:NGD)

Options Corner: Why New Gold's Options Market Is Bullishly Defying The Merger Playbook - New Gold (AMEX:NGD)

Thanks to the resurgence in the precious metals market, New Gold Inc (NYSEAMERICAN: NGD) is back to building on its blistering run. On a year-to-date basis, NGD stock has gained about 266%. Over the trailing five sessions, the security is up more than 10%, thereby showing little signs of buyer exhaustion. Indeed, a rare quantitative signal that flashed in New Gold's price chart indicates that even more upside is possible. Adding to the enthusias…