tiprankstipranks
Trending News
More News >

Mixed options sentiment in Freeport McMoRan (FCX), with shares up $1.60 (+4.23%) near $39.46.

Options volume is running well above average, with 22k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.67. Implied volatility (IV30) dropped 3.93 to 40.2,above the median, suggesting an expected daily move of $1.00. Put-call skew flattened, suggesting a modestly bullish tone.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue