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Freeport McMoRan call volume above normal and directionally bullish
The Fly

Freeport McMoRan call volume above normal and directionally bullish

Bullish option flow detected in Freeport McMoRan with 19,749 calls trading, 2x expected, and implied vol increasing over 1 point to 50.45%. Feb-23 38 calls and Jan-23 40.5 calls are the most active options, with total volume in those strikes near 10,700 contracts. The Put/Call Ratio is 0.53. Earnings are expected on January 26th.

Published first on TheFly

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