FCX (FCX) options memo

The Read

The Read is generated on demand from the live tape.

Key numbers

• Spot: $77.44
• Lean: neutral
• Nearest expiry: Fri 8/28
• Implied move: 3.0%
• ATM implied volatility: 58.0%
• Max pain: $72.00
• Pin strike: $75.00
• Gamma flip: $69.33
• Dealer positioning: SHORT GAMMA
• Call wall: $72.00
• Put wall: $75.00
• Put/call open interest: 0.882