Pre-earnings options volume in Southern Copper is normal with calls leading puts 7:5. Implied volatility suggests the market is anticipating a move near 2.4%, or $2.00, after results are released. Median move over the past eight quarters is 1.3%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on SCCO: