Tour v344
FCX
FREEPORT-MCMORAN INC
$58.56 -3.95%
$58.62 (+0.10%)🌙
as of 07/16 06:02 PM
7/16 18:02

Option Volume

Detail
Current (07/16) 51,292
Calls: 22,707 (44%)
Puts: 28,585 (56%)
Prior (07/15) 24,026
Calls: 10,026 (42%)
Puts: 14,000 (58%)
Current vs Prior +113.49%
Calls: +126.48% (Calls)
Puts: +104.18% (Puts)
Prior 7-Day Total 301,986
Calls: 180,145 (60%)
Puts: 121,841 (40%)
Prior 7-Day Average 43,140
Calls: 25,735 (60%)
Puts: 17,405 (40%)
Current vs Prior 7-Day Avg +18.89%
Calls: -11.77%
Puts: +64.23%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/16) $15.31M
Calls: $4.89M (32%)
Puts: $10.42M (68%)
Prior (07/15) $5.61M
Calls: $2.92M (52%)
Puts: $2.68M (48%)
Current vs Prior +173.14%
Calls: +67.42%
Puts: +288.28%
Prior 7-Day Total $71.31M
Calls: $43.81M (61%)
Puts: $27.50M (39%)
Prior 7-Day Average $10.19M
Calls: $6.26M (61%)
Puts: $3.93M (39%)
Current vs Prior 7-Day Avg +50.31%
Calls: -21.82%
Puts: +165.19%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/16) 1.26
Prior (07/15) 1.40
Current vs Prior -9.85%
Prior 7-Day Average 0.80
Current vs Prior 7-Day Avg +57.19%
Sentiment BEARISH

Open Interest

Detail
Current (07/16) 1,148,606
Calls: 579,880 (50%)
Puts: 568,726 (50%)
Prior (07/15) 1,145,825
Calls: 577,250 (50%)
Puts: 568,575 (50%)
Current vs Prior +0.24%
Prior 7-Day Total 7,856,552
Calls: 4,006,533 (51%)
Puts: 3,850,019 (49%)
Prior 7-Day Average 1,122,364
Calls: 572,361 (51%)
Puts: 550,002 (49%)
Current vs Prior 7-Day Avg +2.34%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 3.65% | 8.67%3.65% | 13.71%
Prior 4.67% | 9.22%4.67% | 13.74%
Current vs Prior -21.82% | -5.89%-21.82% | -0.23%
Prior 7-Day Avg 5.03% | 8.82%6.48% | 14.68%
Current vs 7-Day Avg -27.41% | -1.69%-43.62% | -6.58%
Prior 7-Day Eod 4.67% | 9.22%4.67% | 13.74%
Current vs 7-Day Eod -21.82% | -5.89%-21.82% | -0.23%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 69.36% | 20.28%
Calls: 65.68% | 19.38%
Puts: 73.04% | 21.18%
Prior 69.36% | 20.28%
Calls: 65.68% | 19.38%
Puts: 73.04% | 21.18%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 69.36% | 20.28%
Calls: 65.68% | 19.38%
Puts: 73.04% | 21.18%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 68% put dollar volume ($10.42M). Massive premium surge with dollar volume up 173% vs prior. Dollar volume significantly above 7-day average (50% higher). Unusually high activity with volume up 113% vs prior - elevated interest.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 19 of results (avg 6.9%, best 2.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Aug 211.721.77$1.752.9%5330.3011.2K
$60.00Aug 213.353.45$3.402.9%5310.484.5K
$59.00Aug 72.963.15$3.066.2%100.5015
$60.00Aug 72.512.70$2.617.3%360.46528
$70.00Aug 210.790.85$0.827.3%4110.1721.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$55.00Aug 212.262.32$2.292.6%1.9K0.3218.0K
$65.00Aug 217.858.10$7.983.1%440.705.4K
$60.00Aug 214.554.70$4.633.2%1860.529.8K
$63.00Aug 286.707.15$6.936.5%180.62101
$50.00Aug 210.890.97$0.938.6%8590.1615.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 10 found (avg $0.79, cheapest $0.52)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$64.00Jul 240.470.57$0.5219.2%1060.18293
$63.00Jul 240.640.75$0.7015.7%5.4K0.231.3K
$70.00Aug 210.790.85$0.827.3%4110.1721.5K
$62.00Jul 240.880.99$0.9411.7%4150.28790
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$48.00Aug 210.560.65$0.6114.8%480.114.3K
$49.00Aug 210.700.78$0.7410.8%270.134.4K
$55.00Jul 240.770.91$0.8416.7%1630.241.3K
$52.00Aug 70.790.92$0.8615.1%2530.1834
$51.00Aug 140.840.99$0.9216.3%--0.1724

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 99 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$47.00Jul 1710.3512.65$11.5020.0%31.003
$48.00Jul 179.4011.65$10.5321.4%51.007
$49.00Jul 178.3010.65$9.4824.8%21.006
$50.00Jul 177.359.05$8.2020.7%21.0054
$55.00Jul 172.624.80$3.7158.8%70.95194
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$69.00Jul 179.3011.55$10.4321.6%1840.99123
$70.00Jul 1710.3012.35$11.3318.1%8660.99559
$70.00Jul 2410.5512.70$11.6318.5%10.9728
$65.00Jul 175.856.80$6.3215.0%3.1K0.977.7K
$66.00Jul 176.658.60$7.6325.6%5240.96347

Most actively traded options today. High liquidity = easy entry/exit. 205 active (total vol 42.3K, top 5.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$63.00Jul 240.640.75$0.7015.7%5.4K0.231.3K
$59.00Jul 170.440.68$0.5642.9%1.2K0.401.9K
$62.00Jul 170.030.08$0.0683.3%1.0K0.061.7K
$60.00Jul 170.210.35$0.2850.0%8960.244.3K
$65.00Jul 240.150.42$0.2896.4%6810.121.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Jul 171.581.95$1.7720.9%3.7K0.7611.2K
$65.00Jul 175.856.80$6.3215.0%3.1K0.977.7K
$58.00Jul 170.450.60$0.5328.3%2.3K0.392.7K
$60.00Jul 242.903.35$3.1314.4%2.1K0.592.0K
$61.00Jul 243.553.95$3.7510.7%2.0K0.65642

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 48 strikes (avg 97.5%, max 242.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$68.00Jul 17Aug 28183.7%54.2%239.3%531.3K
$49.00Jul 17Aug 21178.9%55.5%222.4%2203
$67.00Jul 17Aug 14163.7%56.4%190.1%1773.8K
$47.00Jul 17Aug 21162.4%57.4%182.9%3165
$54.00Jul 17Aug 14149.3%54.0%176.6%230
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$49.00Jul 17Aug 28178.9%52.3%242.3%288
$68.00Jul 17Aug 28183.7%54.2%239.3%398263
$67.00Jul 17Aug 28163.7%54.4%201.1%587392
$53.00Jul 17Aug 28146.5%52.7%178.0%17174
$54.00Jul 17Aug 14149.3%54.0%176.6%100176

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 131 found (best R:R 9.00, avg 2.34)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$64.00$65.00Jul 17$0.10$0.90$0.109.00$64.10
$68.00$69.00Jul 17$0.12$0.88$0.127.33$68.12
$66.00$67.00Jul 24$0.13$0.87$0.136.69$66.13
$69.00$70.00Jul 31$0.16$0.84$0.165.25$69.16
$63.00$64.00Jul 24$0.18$0.82$0.184.56$63.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$49.00$48.00Aug 7$0.11$0.89$0.118.09$48.89
$49.00$48.00Aug 21$0.13$0.87$0.136.69$48.87
$54.00$53.00Jul 17$0.14$0.86$0.146.14$53.86
$53.00$52.00Jul 17$0.15$0.85$0.155.67$52.85
$53.00$52.00Aug 7$0.15$0.85$0.155.67$52.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 161 found (best R:R 9.00, avg 1.31)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$50.00$53.00Jul 17$2.67$2.67$0.338.09$52.67
$47.00$48.00Aug 21$0.83$0.83$0.174.88$47.83
$51.00$55.00Jul 31$3.29$3.29$0.714.63$54.29
$50.00$53.00Aug 14$2.35$2.35$0.653.62$52.35
$54.00$56.00Aug 14$1.55$1.55$0.453.44$55.55
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$59.00$58.00Aug 14$0.90$0.90$0.109.00$58.10
$65.00$64.00Jul 17$0.87$0.87$0.136.69$64.13
$62.00$61.00Jul 17$0.85$0.85$0.155.67$61.15
$67.00$66.00Jul 24$0.83$0.83$0.174.88$66.17
$70.00$65.00Aug 21$4.15$4.15$0.854.88$65.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 46 found (avg debit $0.69, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$67.00Jul 17Jul 24$0.06163.7%62.0%
$70.00Jul 17Jul 24$0.06133.8%64.0%
$69.00Jul 17Jul 24$0.07124.3%62.1%
$53.00Jul 17Jul 24$0.20146.5%61.1%
$65.00Jul 17Jul 24$0.24111.9%58.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$67.00Jul 17Jul 24$0.10163.7%62.0%
$68.00Jul 17Jul 24$0.13183.7%63.3%
$50.00Jul 17Jul 24$0.14120.1%68.8%
$53.00Jul 17Jul 24$0.17146.5%61.1%
$48.00Aug 7Aug 14$0.2159.2%58.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 94 found (cheapest 2.70% of stock, avg 13.07%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$58.00Jul 17$1.05$0.53$1.58$56.42$59.582.70%
$59.00Jul 17$0.56$1.09$1.65$57.35$60.652.82%
$57.00Jul 17$1.74$0.29$2.03$54.97$59.033.47%
$60.00Jul 17$0.28$1.77$2.05$57.95$62.053.50%
$56.00Jul 17$2.38$0.13$2.51$53.49$58.514.29%
$61.00Jul 17$0.09$2.80$2.89$58.11$63.894.94%
$62.00Jul 17$0.06$3.65$3.71$58.29$65.716.34%
$55.00Jul 17$3.71$0.08$3.79$51.21$58.796.47%
$63.00Jul 17$0.07$4.47$4.54$58.46$67.547.75%
$58.00Jul 24$2.55$2.00$4.55$53.45$62.557.77%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.32% of stock, avg 6.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$62.00$56.00Jul 17$0.06$0.13$0.19$55.81$62.19
$61.00$56.00Jul 17$0.09$0.13$0.22$55.78$61.22
$62.00$53.00Jul 17$0.06$0.18$0.24$52.76$62.24
$61.00$53.00Jul 17$0.09$0.18$0.27$52.73$61.27
$64.00$56.00Jul 17$0.14$0.13$0.27$55.73$64.27
$64.00$53.00Jul 17$0.14$0.18$0.32$52.68$64.32
$62.00$57.00Jul 17$0.06$0.29$0.35$56.65$62.35
$61.00$57.00Jul 17$0.09$0.29$0.38$56.62$61.38
$62.00$54.00Jul 17$0.06$0.32$0.38$53.62$62.38
$60.00$56.00Jul 17$0.28$0.13$0.41$55.59$60.41

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 260 found (best R:R 9.53, avg credit $0.89)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
53/5560/61Aug 28$1.81$0.199.53$53.19$61.81
57/5859/60Jul 24$0.90$0.109.00$57.10$59.90
58/5961/62Jul 24$0.90$0.109.00$58.10$61.90
47/4854/56Aug 14$1.80$0.209.00$46.20$55.80
52/5354/56Aug 14$1.80$0.209.00$51.20$55.80
56/5758/59Jul 24$0.89$0.118.09$56.11$58.89
59/6061/62Aug 7$0.89$0.118.09$59.11$61.89
51/5254/56Aug 14$1.77$0.237.70$50.23$55.77
57/5860/61Jul 31$0.88$0.127.33$57.12$60.88
58/5960/61Jul 31$0.88$0.127.33$58.12$60.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 87 found (best R:R 32.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$50.00$55.00$60.00Aug 21$0.15$4.8532.33
$62.00$63.00$64.00Jul 17$0.06$0.9415.67
$62.00$63.00$64.00Jul 24$0.06$0.9415.67
$59.00$60.00$61.00Aug 7$0.06$0.9415.67
$58.00$59.00$60.00Jul 24$0.07$0.9313.29
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$55.00$56.00$57.00Jul 24$0.06$0.9415.67
$53.00$54.00$55.00Aug 7$0.06$0.9415.67
$52.00$53.00$54.00Aug 14$0.06$0.9415.67
$48.00$49.00$50.00Aug 21$0.06$0.9415.67
$57.00$58.00$59.00Jul 24$0.07$0.9313.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 91 found (best net $-0.10, 83 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$60.00$65.001:2Aug 21-$0.10$4.90
$55.00$60.001:2Aug 21-$0.45$4.55
$51.00$56.001:2Aug 7-$2.03$2.97
$51.00$55.001:2Jul 31-$1.49$2.51
$65.00$68.001:2Aug 28-$0.62$2.38
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$65.00$60.001:2Aug 21-$1.28$3.72
$67.00$62.001:2Aug 7-$1.33$3.67
$50.00$47.001:2Jul 31-$0.41$2.59
$70.00$65.001:2Aug 21-$3.83$1.17
$55.00$53.001:2Aug 28-$1.02$0.98

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 57 found (best yield 6.32%, avg 2.30%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$59.00Aug 28$3.700.520.8%6.32%7.07%14
$60.00Aug 28$3.650.492.5%6.23%8.69%21
$60.00Aug 21$3.350.482.5%5.72%8.18%5314.5K
$59.00Aug 14$3.300.500.8%5.64%6.39%16
$59.00Aug 7$2.960.500.8%5.05%5.81%1015
$60.00Aug 14$2.940.462.5%5.02%7.48%--65
$61.00Aug 28$2.940.454.2%5.02%9.19%23
$61.00Aug 14$2.530.434.2%4.32%8.49%135
$60.00Aug 7$2.510.462.5%4.29%6.75%36528
$59.00Jul 31$2.410.490.8%4.12%4.87%1741

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 22,707
Total Puts 28,585
Put/Call Ratio 1.26
Net Difference -5,878

Prior's Put/Call Breakdown

Total Calls 10,026
Total Puts 14,000
Put/Call Ratio 1.40
Net Difference -3,974

Prior 7-Day Put/Call Summary

Total Calls 180,145
Total Puts 121,841
Average Put/Call Ratio 0.80
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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