Bullish option flow detected in Freeport McMoRan with 16,956 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 31.02%. Jan-24 39 calls and Jan-25 32 puts are the most active options, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 0.38. Earnings are expected on January 24th.
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