Options Signal 8.2% Move for Freeport-McMoRan Ahead of July 23 Earnings
Options markets imply an 8.2% price swing in Freeport-McMoRan Inc. (FCX) when the company reports earnings before the open on July 23, according to Bloomberg options data. Historical comparisons show the stock has exceeded the options-implied move in four of the last eight earnings releases, with notable large swings in several prior quarters.