Freeport-McMoRan Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Freeport-McMoRan (NYSE:FCX) has seen significant options trading activity, with a majority of investors showing a bullish sentiment. The trading suggests a focus on a price range of $44.0 to $55.0. Analysts have set target prices between $55 and $58, indicating potential upward movement.
September 25, 2024 | 3:01 pm
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Freeport-McMoRan has experienced unusual options trading activity, with 57% of investors showing bullish sentiment. Analysts have set price targets between $55 and $58, suggesting potential upward movement in the stock price.
The significant options trading activity, with a majority of calls over puts, indicates bullish sentiment among investors. Analysts' price targets above the current trading price further support potential upward movement in FCX's stock price.
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