Bullish option flow detected in Freeport McMoRan with 51,658 calls trading, 2x expected, and implied vol increasing almost 2 points to 40.31%. Jun-26 55 calls and Jan-26 55 calls are the most active options, with total volume in those strikes near 12,100 contracts. The Put/Call Ratio is 0.26. Earnings are expected on January 22nd.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FCX:
- Mixed options sentiment in Freeport McMoRan with shares up 1.78%
- Fed Cuts Fuel Stock Rally as S&P 500 Approaches 7,000
- The Week That Was, The Week Ahead: Macro & Markets, Dec. 28
- Mixed options sentiment in Freeport McMoRan with shares up 2.53%
- Freeport-McMoRan price target raised to $55 from $47 at Wells Fargo