Bullish option flow detected in Freeport McMoRan with 23,611 calls trading, 1.8x expected, and implied vol increasing almost 2 points to 36.55%. Dec-25 60 calls and Jul-25 40 puts are the most active options, with total volume in those strikes near 13,100 contracts. The Put/Call Ratio is 0.53. Earnings are expected on July 23rd.
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