Pre-earnings options volume in Southern Copper (SCCO) is normal with calls leading puts 5:4. Implied volatility suggests the market is anticipating a move near 2.4%, or $2.34, after results are released. Median move over the past eight quarters is 1.9%.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCCO:
- Southern Copper upgraded to Neutral at BofA amid fading concerns
- Southern Copper upgraded to Neutral from Underperform at BofA
- Southern Copper Corp (SCCO) Q2 Earnings Cheat Sheet
- Southern Copper downgraded to Underweight from Equal Weight at Morgan Stanley
- Trump Trade: U.S. slaps 30% tariff rate on EU, Mexico