6000 FCX Feb 10 puts went up 1 block on the AMEX on a price variation tag.?

FCX

Shares of Freeport-McMoRan Inc. (FCX) are up .63 to 12.46 today. ?FCX is near the bottom of the 52 week range.

  • Paper traded 6000 FCX Feb 10 puts for .73. ?
  • The ADV is 72k contracts.?
  • The OI is 13600 contracts.

The volume went up 1 block on the AMEX on a price variation tag.? An additional 1000 puts traded and this could be a close of the open interest.? The trade went up on a price variation tag but no stock of size traded with the option block.? Check the OI tomorrow to see if this is profit taking.

  • IV 30 is trading for 60%.?
  • HV10 is trading for 27%.?
  • IV 30 is trading above the HV 10.

Freeport-McMoRan Inc. (FCX) is a natural resource company with an industry portfolio of mineral assets, oil and natural gas resources, and a production profile.