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Bearish play with a target stock price of $46

Strategy has +359% upside potential and 18% undervalued

Unusual Option Volume

FCX Freeport-Mcmoran50.80+0.64 (+1.3%)

Freeport-Mcmoran trades 45,611 contracts. FCX will report earnings on Apr 23, 2024.
$FCX Bearish pressure building up in the options market. On-Balance net option delta is -882 K.
Unusual Option Volume

FCX Freeport-Mcmoran50.13+0.31 (+0.6%)

Freeport-Mcmoran trades 126,109 contracts. FCX will report earnings on Apr 23, 2024.
Unusual Option Volume

FCX Freeport-Mcmoran48.81-1.21 (-2.4%)

Freeport-Mcmoran trades 61,231 contracts. FCX will report earnings on Apr 23, 2024.
$FCX Freeport-Mcmoran Option Order Flow Sentiment is 57.1% Bearish.