Freeport-McMoRan Unusual Options Activity For May 30
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Freeport-McMoRan (NYSE:FCX) on May 30, with 13 uncommon options trades spotted. The sentiment of these big-money traders is 69% bullish and 30% bearish, targeting a price range of $15.0 to $45.0 for FCX over the last 3 months.
May 30, 2023 | 8:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Freeport-McMoRan (NYSE:FCX) experiences unusual options activity on May 30, with 13 uncommon trades. Big-money traders are 69% bullish and 30% bearish, targeting a price range of $15.0 to $45.0 over the last 3 months.
The unusual options activity indicates that big-money traders are taking positions in FCX, with a majority being bullish. This could potentially drive the stock price up in the short term as more investors follow suit. However, there is still a 30% bearish sentiment, which adds some uncertainty to the impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100