Bullish option flow detected in Freeport McMoRan with 10,445 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 37.37%. 12/5 weekly 45 calls and 12/12 weekly 45 calls are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.18. Earnings are expected on January 22nd.
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