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Southern Copper options imply 2.1% move in share price post-earnings
The Fly

Southern Copper options imply 2.1% move in share price post-earnings

Pre-earnings options volume in Southern Copper (SCCO) is normal with calls leading puts 10:9. Implied volatility suggests the market is anticipating a move near 2.1%, or $1.96, after results are released. Median move over the past eight quarters is 2.5%.

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