Mixed options sentiment in Freeport McMoRan with shares down 0.18%

Mixed options sentiment in Freeport McMoRan (FCX), with shares down 10c near $55.73. Options volume roughly in line with average with 48k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.74. Implied volatility (IV30) is higher by 1.0 points near 59.4, in the highest 10% of observations over the past year, suggesting an expected daily move of $2.09. Put-call skew flattened, suggesting a modestly bullish tone.