10000 FCX Nov18 14 puts went up in 1 block on the PHLX marked buy write.?
Shares of Freeport McMoRan Inc (FCX) are up .07 to 13.74 today.? FCX is near the middle of the 52 week range.
- Paper traded 10000 FCX Nov18 14 puts for .35.?
- The ADV is 63943. ??
- The OI is over 14268 contracts.
The volume went up in 1 block on the PHLX marked buy write.? 500k shares of FCX traded making this a synthetic straddle for .46.? The trade could be a close from a previous short straddle but the ratio is a perfect long straddle if opening.? With a day to close the trader is close enough for a win.
- IV 30 is trading for 51%.?
- HV10 is trading for 49%.?
- IV 30 is above the HV 10.
Freeport-McMoRan Inc. (FCX) is a natural resource company with a portfolio of mineral assets, and oil and natural gas resources.