Bullish option flow detected in Freeport McMoRan with 35,349 calls trading, 1.2x expected, and implied vol increasing over 1 point to 34.82%. Aug-24 48 puts and 7/5 weekly 50 calls are the most active options, with total volume in those strikes near 8,900 contracts. The Put/Call Ratio is 0.65. Earnings are expected on July 18th.
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