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Jan 23, 2024 2:20 PM

FCX Freeport-McMoRan Options Ahead of Earnings Short

Freeport-McMoRan, Inc.NYSE

Description

Analyzing the options chain and the chart patterns of FCX Freeport-McMoRan prior to the earnings report this week,
I would consider purchasing the 38usd strike price at the money Puts with
an expiration date of 2024-2-2,
for a premium of approximately $1.29.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



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