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Freeport McMoRan FCX (news,
chart,
quote) - FCX volatility Elevated; shares near six-year lows
FCX is recently down $2.33 to $27.73. Copper futures are down 3.90% to %174.80 according to Bloomberg. FCX call option volume of 11,581 contracts compares to put volume of 7,265 contracts. FCX November & December option implied volatility of 109 is above its 6-month average of 65 according to Track Data, suggesting larger price movement.
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