Pre-earnings options volume in Southern Copper (SCCO) is normal with calls leading puts 9:5. Implied volatility suggests the market is anticipating a move near 4.5%, or $4.36, after results are released. Median move over the past eight quarters is 1.9%.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCCO:
- SCCO Earnings this Week: How Will it Perform?
- Southern Copper price target lowered to $100 from $120 at UBS
- Southern Copper price target lowered to $81 from $102 at Morgan Stanley
- Southern Copper’s Stable Operations Amid Market Risks Justify Hold Rating
- Southern Peru Copper suspends production at smelting plant, SMM says
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue