Bullish option flow detected in Freeport McMoRan with 19,822 calls trading, 1.5x expected, and implied vol increasing over 3 points to 38.67%. Aug-24 55 calls and 7/5 weekly 51 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.26. Earnings are expected on July 23rd.
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