FCX News & Events

Cboe data suggests bullish flow in Freeport McMoRan (FCX), with shares up $1.86, or 2.92%, near $65.49. Options volume roughly in line with average with 66k contracts traded and calls leading puts for a put/call ratio of 0.72, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 0.1 points near 52.3,in the top quartile of the past year, suggesting an expected daily move of $2.16. Put-call skew flattened, suggesting a modestly bullish tone.

Moderately bullish activity in Freeport McMoRan (FCX), with shares down 68c near $63.69. Options volume relatively light with 8668 contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.5. Implied volatility (IV30) is higher by 0.9 points near 53.15,in the top quartile of the past year, suggesting an expected daily move of $2.13. Put-call skew flattened, suggesting a modestly bullish tone.