Pre-earnings options volume in Southern Copper (SCCO) is normal with calls leading puts 10:7. Implied volatility suggests the market is anticipating a move near 3.1%, or $3.03, after results are released. Median move over the past eight quarters is 1.9%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCCO:
- Upcoming Stock Splits This Week (February 10 to February 14) – Stay Invested
- Southern Copper options imply 2.1% move in share price post-earnings
- Southern Copper Corp (SCCO) Q4 Earnings Cheat Sheet
- No day-one tariffs coming from Trump, trade overhaul planned, Reuters reports
- Trump Trade: Canada planning retaliatory tariffs on $105B of U.S. goods
Questions or Comments about the article? Write to editor@tipranks.com