Quantchabot has detected a new Bull Call Spread trade opportunity for FREEPORT-MCMORAN INC (FCX) for the 11-Jul-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
FCX was recently trading at $44.81 and has an implied volatility of 36.11% for this period. Based on an analysis of the options available for FCX expiring on 11-Jul-2025, there is a 34.26% likelihood that the underlying will close within the analyzed range of $44.90-$48.38 at expiration. In this scenario, the average linear return for the trade would be 10.34%.
Big 7.70% Change: After closing the last trading session at $41.61, FREEPORT-MCMORAN INC opened today at $43.38 and has reached a high of $44.83.
Trade approach: A movement as big as 7.70% is a significantly bullish indicator, so this trade is designed to be profitable if FCX maintains its current direction and does not revert back to pricing on the bearish side of $44.81 on 11-Jul-2025. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bullish strategy, the trade would be profitable if FREEPORT-MCMORAN INC closes at or above $43.25 on 11-Jul-2025. Based on our risk-neutral analysis, there is a 69.26% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
Leave a Reply
You must be logged in to post a comment.