옵션 체인은 다양한 행사가격과 만기일에 대한 Freeport-McMoRan의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 Freeport-McMoRan에 대한 시장 심리를 평가합니다..

Freeport-McMoRan (NYSE:FCX) 주식, 옵션 체인

Freeport-McMoRan

Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2023, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. About 75% of 2023 revenue was from copper, with a further 15% from gold and about 10% from molybdenum. It had about 25 years of copper reserves at end December 2023. we expect it to sell similar amounts of copper midcycle in 2028, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.

Equities

Macro Economic Events

Econ #s

Economics

Federal Reserve

CBRE

ILMN

연말 연휴 시즌이지만, 이번 주 주식 시장의 축제 분위기는 그리 유쾌하지 않았다. 주 초에는 나스닥 100이 22,000을 돌파하며 사상 최고치를 기록하고, 연방준비제도(연준) 회의를 앞두고 금리 인하에 대한 낙관적인 전망으로 트레이더들이 고무된 상황이었다.

산타 랠리를 위해 그린치와 싸우는 트레이더들: 연말 급등을 예상하는 S&amp;P 500 주식 10개

Technicals

Commodities

Signals

Markets

Trading Ideas

프리포트 맥모란(NYSE:FCX)의 주식이 하락세의 중요한 이정표인 데스 크로스를 찍었다. 이는 50일 지수 이동 평균선이 200일 이동 평균선 아래로 떨어지는 기술적 신호로, 종종 장기적인 매도 압박을 예고하는 것으로 여겨진다. FCX 주식의 최근 성과는 낙관적이지 않다.

프리포트 맥모란의 데스 크로스: 거대 구리 생산 기업의 결정적인 순간

Analyst Color

Large Cap

Mid Cap

Broad U.S. Equity ETFs

Tech

ETFs

산타 랠리는 주식 시장의 계절적 트렌드를 나타내며, 역사적으로 마지막 12월에 주식들이 더 강한 상승세를 보이는 현상이다. 이는 연말 휴가의 기쁨, 연말 포트폴리오 재조정 및 투자자 낙관주의 등에 의해 촉발되는 경우가 많으며, 수십 년에 걸쳐 반복되는 패턴이다.

산타 랠리: 12월 후반부에 우수한 성과를 거둔 S&amp;P 500 주식 10종목

Freeport-McMoRan Inc

First Capital REIT

<p><strong>Freeport-McMoRan's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) short percent of float has risen 6.4% since its last report. The company recently reported that it has <strong>26.09 million shares sold short</strong>, which is 1.83% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 2.4 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Freeport-McMoRan Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1736964023_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Freeport-McMoRan has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.</p>
<h3>Comparing Freeport-McMoRan's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Freeport-McMoRan's peer group average for short interest as a percentage of float is 3.09%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Short Ideas

How Is The Market Feeling About Freeport-McMoRan?

<p>Bernstein  analyst Bob Brackett   downgrades Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) from Outperform to Market Perform and lowers the price target from $51 to $46.</p>


News

Downgrades

Price Target

Analyst Ratings

Bernstein Downgrades Freeport-McMoRan to Market Perform, Lowers Price Target to $46

<p>Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) has outperformed the market over the past 5 years by 11.67% on an annualized basis producing an average annual return of 24.49%. Currently, Freeport-McMoRan has a market capitalization of $55.61 billion. </p>
<p><strong>Buying $1000 In FCX:</strong> If an investor had bought $1000 of FCX stock 5 years ago, it would be worth <strong>$2,976.08</strong> today based on a price of $38.70 for FCX at the time of writing.</p>
<h3>Freeport-McMoRan's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1736205307_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


$1000 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

<p>Scotiabank  analyst Orest Wowkodaw   maintains Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) with a Sector Perform and lowers the price target from $52 to $48.</p>


Scotiabank Maintains Sector Perform on Freeport-McMoRan, Lowers Price Target to $48

<p>Deep-pocketed investors have adopted a bearish approach towards Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in FCX usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 18 extraordinary options activities for Freeport-McMoRan. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 38% leaning bullish and 44% bearish. Among these notable options, 6 are puts, totaling $761,366, and 12 are calls, amounting to $725,965.</p>
<h3>Expected Price Movements</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $33.0 to $50.0 for Freeport-McMoRan over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Freeport-McMoRan's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Freeport-McMoRan's whale trades within a strike price range from $33.0 to $50.0 in the last 30 days. </p>
<h3>Freeport-McMoRan Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2025/1736188233_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/16/25</td>
<td>$3.2</td>
<td>$3.1</td>
<td>$3.15</td>
<td>$39.00</td>
<td>$378.0K</td>
<td>152</td>
<td>1.2K</td>
</tr>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$3.5</td>
<td>$3.05</td>
<td>$3.12</td>
<td>$38.00</td>
<td>$124.8K</td>
<td>1.7K</td>
<td>422</td>
</tr>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$0.3</td>
<td>$0.27</td>
<td>$0.27</td>
<td>$50.00</td>
<td>$115.9K</td>
<td>9.9K</td>
<td>4.4K</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$5.2</td>
<td>$5.0</td>
<td>$5.0</td>
<td>$35.00</td>
<td>$100.0K</td>
<td>3.8K</td>
<td>502</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$5.0</td>
<td>$4.95</td>
<td>$5.0</td>
<td>$35.00</td>
<td>$100.0K</td>
<td>3.8K</td>
<td>302</td>
</tr>
</tbody>
</table>
</p>
<h3>About Freeport-McMoRan</h3>
<p>Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2023, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. About 75% of 2023 revenue was from copper, with a further 15% from gold and about 10% from molybdenum. It had about 25 years of copper reserves at end December 2023. we expect it to sell similar amounts of copper midcycle in 2028, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.</p>
<p>Following our analysis of the options activities associated with Freeport-McMoRan, we pivot to a closer look at the company's own performance.</p>
<h3>Where Is Freeport-McMoRan Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 8,210,911, the FCX's price is up by 3.53%, now at $39.04. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 16 days.</li>
</ul>
<h3>What Analysts Are Saying About Freeport-McMoRan</h3>
<p>Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $48.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Maintaining their stance, an analyst from Jefferies continues to hold a Buy rating for Freeport-McMoRan, targeting a price of $48. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Freeport-McMoRan with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

Freeport-McMoRan's Options Frenzy: What You Need to Know

WIIM

Freeport-McMoRan shares are trading higher. Jefferies maintained a Buy rating on the stock.

<p>Throughout the last three months, 4 analysts have evaluated Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>), offering a diverse set of opinions from bullish to bearish.</p>
<p>The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets, analyzed by analysts, offer insights with an average target of $53.0, a high estimate of $57.00, and a low estimate of $48.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 4.07%. </p>
<p><img src="https://www.benzinga.com/files/images/story/2025/1736168434_0.png" alt="price target chart" /></p>
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
<p>The standing of Freeport-McMoRan among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Chris LaFemina</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$48.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Orest Wowkodaw</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$52.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Brian MacArthur</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$57.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Bill Peterson</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$55.00</td>
<td>$53.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Freeport-McMoRan. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Freeport-McMoRan compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
<p>Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Freeport-McMoRan's market standing. Stay informed and make well-considered decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/FCX/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Freeport-McMoRan analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind Freeport-McMoRan</h2>
<p>Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2023, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. About 75% of 2023 revenue was from copper, with a further 15% from gold and about 10% from molybdenum. It had about 25 years of copper reserves at end December 2023. we expect it to sell similar amounts of copper midcycle in 2028, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.</p>
<h3>Unraveling the Financial Story of Freeport-McMoRan</h3>
<p><strong>Market Capitalization:</strong> Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.</p>
<p><strong>Revenue Growth:</strong> Freeport-McMoRan's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately <strong>16.59%</strong>. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Materials sector.</p>
<p><strong>Net Margin:</strong> Freeport-McMoRan's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of <strong>7.75%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Freeport-McMoRan's ROE excels beyond industry benchmarks, reaching <strong>3.01%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Freeport-McMoRan's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of <strong>0.96%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Debt Management:</strong> Freeport-McMoRan's debt-to-equity ratio is notably higher than the industry average. With a ratio of <b>0.55</b>, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.</p>
<h2>How Are Analyst Ratings Determined?</h2>
<p>Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Breaking Down Freeport-McMoRan: 4 Analysts Share Their Views

<p>Jefferies  analyst Chris LaFemina   maintains Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) with a Buy and lowers the price target from $60 to $48.</p>


Jefferies Maintains Buy on Freeport-McMoRan, Lowers Price Target to $48

<p>Financial giants have made a conspicuous bullish move on Freeport-McMoRan. Our analysis of options history for Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) revealed 11 unusual trades.</p>
<p>Delving into the details, we found 54% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $213,113, and 7 were calls, valued at $287,434.</p>
<h3>Projected Price Targets</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $30.0 to $42.0 for Freeport-McMoRan over the recent three months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Freeport-McMoRan's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Freeport-McMoRan's substantial trades, within a strike price spectrum from $30.0 to $42.0 over the preceding 30 days.</p>
<h3>Freeport-McMoRan Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1735245040_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$0.62</td>
<td>$0.59</td>
<td>$0.61</td>
<td>$30.00</td>
<td>$73.2K</td>
<td>68</td>
<td>1.3K</td>
</tr>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.34</td>
<td>$0.31</td>
<td>$0.34</td>
<td>$42.00</td>
<td>$68.0K</td>
<td>7.3K</td>
<td>2.0K</td>
</tr>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$3.95</td>
<td>$3.85</td>
<td>$3.9</td>
<td>$40.00</td>
<td>$61.2K</td>
<td>1.2K</td>
<td>259</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$2.68</td>
<td>$2.66</td>
<td>$2.66</td>
<td>$40.00</td>
<td>$50.2K</td>
<td>4.3K</td>
<td>189</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$5.3</td>
<td>$5.25</td>
<td>$5.29</td>
<td>$42.00</td>
<td>$50.2K</td>
<td>7.4K</td>
<td>96</td>
</tr>
</tbody>
</table>
</p>
<h3>About Freeport-McMoRan</h3>
<p>Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2023, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. About 75% of 2023 revenue was from copper, with a further 15% from gold and about 10% from molybdenum. It had about 25 years of copper reserves at end December 2023. we expect it to sell similar amounts of copper midcycle in 2028, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.</p>
<h3>Where Is Freeport-McMoRan Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 4,177,817, with FCX's price down by -0.25%, positioned at $39.12.</li>
<li>RSI indicators show the stock to be may be oversold.</li>
<li>Earnings announcement expected in 27 days.</li>
</ul>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.</p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Freeport-McMoRan options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Freeport-McMoRan Unusual Options Activity For December 26

<p>Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) has outperformed the market over the past 5 years by 11.67% on an annualized basis producing an average annual return of 24.79%. Currently, Freeport-McMoRan has a market capitalization of $56.64 billion. </p>
<p><strong>Buying $100 In FCX:</strong> If an investor had bought $100 of FCX stock 5 years ago, it would be worth <strong>$302.15</strong> today based on a price of $39.42 for FCX at the time of writing.</p>
<h3>Freeport-McMoRan's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1735050611_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


$100 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

<p>On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/12/20/final-trades-freeport-mcmoran-columbia-banking-pg-and-target.html">Halftime Report Final Trades</a>,&#8221; <strong>Sarat Sethi</strong> of DCLA said he likes <strong>Freeport-McMoRan Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>).</p>
<p>On Oct. 22, Freeport-McMoRan reported third-quarter FY24 results. Revenue stood at $6.79 billion, beating the consensus of $6.47 billion. Copper sales totaled 1.0 billion pounds, down 7% Y/Y and 2% above the July 2024 estimate, due to the timing of shipments and lower ore grades and operating rates in <a href="https://www.benzinga.com/quote/FCX/earnings">North America</a>.</p>
<p><strong>Jenny Van Leeuwen Harrington</strong> of Gilman Hill Asset Management said Columbia Banking System, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) has a 5.3% dividend yield.</p>
<p>On Dec. 17, UBS analyst <strong>Nicholas Holowko </strong>assumed Columbia Banking System with a Neutral rating and announced a price target of $32.</p>
<p><em>Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a></em></p>
<p><strong>Kevin Simpson</strong> of Capital Wealth Planning named <strong>The Procter &amp; Gamble Company</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>), which has a 2.5% dividend yield.</p>
<p>Procter &amp; Gamble will webcast a discussion of its second quarter earnings results on Jan. 22, 2025. Analysts expect the company to report quarterly earnings at $1.88 per share on revenue of $21.74 billion.</p>
<p><strong>Stephanie Link</strong> of Hightower Advisors named <strong>Target Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) as her final trade.</p>
<p>On Dec. 20, Stifel analyst Mark Astrachan maintained Target with a Hold and raised the price target from $137 to $145.</p>
<p><strong>Price Action:</strong></p>
<ul>
<li>Freeport-McMoRan shares gained by 1.6% to close at $38.86 on Friday.</li>
<li>Columbia Banking shares gained 3% to close at $27.19 during Friday's session.</li>
<li>Procter &amp; Gamble shares fell by 0.7% to settle at $168.06 on Friday.</li>
<li>Target gained by 0.8% to settle at $131.48 during Friday's session.</li>
</ul>
<p><strong>Check This Out: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42616196/jim-cramer-likes-walmart-recommends-buying-this-very-very-good-financial-stock">Jim Cramer Likes Walmart, Recommends Buying This &#8216;Very, Very Good&#8217; Financial Stock</a></strong></li>
</ul>
<p><em>Image generated using artificial intelligence via Midjourney</em></p>


Long Ideas

Media

COLB

Procter & Gamble, Freeport-McMoRan, Columbia Banking And A Major Retailer On CNBC's 'Final Trades'

<p>It's the holiday season, but the stock market's festivities have been anything but cheerful this week.</p>
<p>At the week&#8217;s start traders were buoyed by a record-breaking Nasdaq 100 topping 22,000 and an optimistic outlook on interest rate cuts ahead <a href="https://www.benzinga.com/news/econ-s/24/12/42561549/fed-slashes-interest-rates-by-0-25-as-predicted-december-dot-plot-flags-only-2-potential-cuts-in-2025">of the Federal Reserve meeting</a>.</p>
<p>All signs pointed to the Santa Rally – a time Wall Street traditionally celebrates with stocks climbing during the final stretch of the year – making its grand entrance yet again in 2025.</p>
<p>Yet, just as traders were preparing for a festive year-end bull run, the Grinch arrived midweek to throw a wrench in the celebrations.</p>
<h3 class="wp-block-heading"><strong>The Grinch Steals The Show</strong></h3>
<p>Wednesday marked a dramatic turn of events as the Federal Reserve's hawkish tone sent shockwaves through the markets. </p>
<p>Chair <strong>Jerome Powell</strong> delivered a lump of coal to investors by declaring a "new phase" for monetary policy. While the Fed had already cut rates by 100 basis points since September, Powell hinted at a prolonged pause, citing rates moving &#8220;meaningfully&#8221; closer to neutral territory. </p>
<p>The implications were clear: the days of aggressive cuts are over. Even worse than that, the Grinch didn&#8217;t rule out the possibility of a rate hike next year. This unexpected twist sent shivers down traders&#8217; spines, leaving markets rattled.</p>
<p>The CBOE Volatility Index or VIX – Wall Street's so-called fear gauge – spiked over 70% on Wednesday, its sharpest single-day surge since February 2018. </p>
<p>The S&amp;P 500 and Dow Jones Industrial Average recorded their worst daily performances in over two years, while tech stocks sank like a stone in deep water.</p>
<p>Hopes for a Santa Rally seemed to crumble as the Grinch stole the show. </p>
<h3 class="wp-block-heading"><strong>A Christmas Miracle?</strong></h3>
<p>Just when it seemed all was lost, Friday brought a glimmer of hope—the kind of plot twist only a Christmas story could deliver. </p>
<p>Fresh inflation data offered an unexpected gift to traders: the Fed's personal consumption expenditure (PCE) price index rose by 2.4% in November, falling short of the anticipated 2.5%. Even more encouraging, the core PCE, which excludes volatile food and energy prices, held steady at 2.8%, undercutting predictions of 2.9%.</p>
<p>This softer-than-expected inflation print was the equivalent to finding a shiny new toy under the tree.</p>
<p>Risk appetite rebounded swiftly, with traders rushing to scoop up the stocks battered during the week's earlier sell-off. </p>
<p>Sentiment brightened, and with it, the Santa Rally narrative began to regain momentum.</p>
<h3 class="wp-block-heading"><strong>The Santa Rally And Its Legacy</strong></h3>
<p>The stock market has a long-standing tendency to rally during the last trading days of December. </p>
<p>According to data from Seasonax, the S&amp;P 500 has posted gains during the Dec. 20–Dec. 31 period in 76 out of the past 96 years, averaging a 1.92% return. Over the last eight years, this year-end rally has been remarkably consistent, delivering positive returns each time.</p>
<p>In the past three decades, the S&amp;P 500 has ended the year on a high note in 24 of 30 instances. Even the losses have been relatively mild, with the most recent December downturn occurring in 2022 when the index slipped by 1.8% during the final days.</p>
<p>With six trading days left in 2024, traders may still have time to save the Santa Rally.</p>
<h3 class="wp-block-heading"><strong>10 Stocks To Watch For Year-End Gains</strong></h3>
<p>Looking back at 20 years of data, here are 10 standout names within the S&amp;P 500 index that have consistently delivered strong year-end performances: </p>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<tbody>
<tr>
<th><strong>Stock</strong></th>
<th><strong>Avg. Return</strong></th>
<th><strong>Max Gain</strong></th>
<th><strong>Max Loss</strong></th>
<th><strong>Win Ratio</strong></th>
</tr>
<tr>
<td><strong>Freeport-McMoRan Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>)</td>
<td>+3.63%</td>
<td>+14.63%</td>
<td>-13.51%</td>
<td>90%</td>
</tr>
<tr>
<td><strong>Illumina, Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>)</td>
<td>+3.62%</td>
<td>+20.76%</td>
<td>-2.56%</td>
<td>80%</td>
</tr>
<tr>
<td><strong>Newmont Mining Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)</td>
<td>+3.37%</td>
<td>+16.14%</td>
<td>-3.66%</td>
<td>75%</td>
</tr>
<tr>
<td><strong>The Mosaic Company</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOS#NYSE">MOS</a>)</td>
<td>+3.29%</td>
<td>+13.26%</td>
<td>-5.98%</td>
<td>75%</td>
</tr>
<tr>
<td><strong>Global Payments Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>)</td>
<td>+3.06%</td>
<td>+9.31%</td>
<td>-2.12%</td>
<td>75%</td>
</tr>
<tr>
<td><strong>CBRE Group, Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>)</td>
<td>+2.94%</td>
<td>+13.46%</td>
<td>-2.25%</td>
<td>75%</td>
</tr>
<tr>
<td><strong>Invesco Ltd</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>)</td>
<td>+2.80%</td>
<td>+10.23%</td>
<td>-2.83%</td>
<td>70%</td>
</tr>
<tr>
<td><strong>ON Semiconductor Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>)</td>
<td>+2.73%</td>
<td>+11.45%</td>
<td>-3.78%</td>
<td>70%</td>
</tr>
<tr>
<td><strong>Mohawk Industries, Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MHK#NYSE">MHK</a>)</td>
<td>+2.60%</td>
<td>+13.58%</td>
<td>-6.57%</td>
<td>70%</td>
</tr>
<tr>
<td><strong>Western Digital Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>)</td>
<td>+2.59%</td>
<td>+22.24%</td>
<td>-3.78%</td>
<td>65%</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p><strong>Read now: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/24/12/42627985/which-magnificent-7-stock-will-gain-the-most-in-a-santa-claus-rally-28-select">Which Magnificent 7 Stock Will Do Best In Santa Claus Rally? Tesla Edged Out As 28% Select…</a></strong></li>
</ul>
<p><em>Photo: Courtesy of Shutterstock.</em></p>


Traders Fight The Grinch To Save The Santa Rally: 10 S&P 500 Stocks Poised For A Year-End Surge

CNBC Halftime Report Final Trades: Freeport-McMoRan, Columbia Banking System, The Procter & Gamble Company, Target

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Freeport-McMoRan</strong>.</p>
<p>Looking at options history for Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) we detected 16 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 56% of the investors opened trades with bullish expectations and 31% with bearish.</p>
<p>From the overall spotted trades, 8 are puts, for a total amount of $801,900 and 8, calls, for a total amount of $1,305,500.</p>
<h3>What's The Price Target?</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $35.0 and $50.0 for Freeport-McMoRan, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Freeport-McMoRan's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Freeport-McMoRan's whale activity within a strike price range from $35.0 to $50.0 in the last 30 days. </p>
<h3>Freeport-McMoRan Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1734713237_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$1.86</td>
<td>$1.76</td>
<td>$1.85</td>
<td>$45.00</td>
<td>$925.0K</td>
<td>6.6K</td>
<td>5.0K</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$6.2</td>
<td>$6.05</td>
<td>$6.05</td>
<td>$40.00</td>
<td>$256.5K</td>
<td>6.5K</td>
<td>424</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$6.2</td>
<td>$6.0</td>
<td>$6.05</td>
<td>$40.00</td>
<td>$198.4K</td>
<td>6.5K</td>
<td>752</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$12.25</td>
<td>$12.15</td>
<td>$12.25</td>
<td>$50.00</td>
<td>$112.7K</td>
<td>4.6K</td>
<td>92</td>
</tr>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$1.13</td>
<td>$1.09</td>
<td>$1.11</td>
<td>$40.00</td>
<td>$103.1K</td>
<td>8.0K</td>
<td>289</td>
</tr>
</tbody>
</table>
</p>
<h3>About Freeport-McMoRan</h3>
<p>Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2023, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. About 75% of 2023 revenue was from copper, with a further 15% from gold and about 10% from molybdenum. It had about 25 years of copper reserves at end December 2023. we expect it to sell similar amounts of copper midcycle in 2028, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.</p>
<p>Following our analysis of the options activities associated with Freeport-McMoRan, we pivot to a closer look at the company's own performance.</p>
<h3>Present Market Standing of Freeport-McMoRan</h3>
<ul>
<li>Trading volume stands at 6,932,354, with FCX's price up by 2.25%, positioned at $39.1.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 33 days.</li>
</ul>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.</p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Freeport-McMoRan with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


This Is What Whales Are Betting On Freeport-McMoRan

GOLD

MTRN

PAAS

RGLD

SBSW

SCCO

TECK

Shares of stocks in the broader metals and mining sector are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

<p>Investors with significant funds have taken a bullish position in Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>), a development that retail traders should be aware of.</p>
<p>This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in FCX usually indicates foreknowledge of upcoming events.</p>
<p>Today, Benzinga's options scanner identified 14 options transactions for Freeport-McMoRan. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 50% being bullish and 42% bearish. Of all the options we discovered, 13 are puts, valued at $637,798, and there was a single call, worth $1,150,000.</p>
<h3>Projected Price Targets</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $33.0 to $50.0 for Freeport-McMoRan during the past quarter. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Freeport-McMoRan's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Freeport-McMoRan's whale trades within a strike price range from $33.0 to $50.0 in the last 30 days. </p>
<h3>Freeport-McMoRan Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1734463826_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$2.3</td>
<td>$2.26</td>
<td>$2.3</td>
<td>$45.00</td>
<td>$1.1M</td>
<td>1.5K</td>
<td align="right">23</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>02/21/25</td>
<td>$1.85</td>
<td>$1.82</td>
<td>$1.84</td>
<td>$39.00</td>
<td>$107.5K</td>
<td>4.9K</td>
<td align="right">589</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.55</td>
<td>$6.5</td>
<td>$6.55</td>
<td>$47.00</td>
<td>$75.3K</td>
<td>4.7K</td>
<td align="right">195</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$5.85</td>
<td>$5.75</td>
<td>$5.85</td>
<td>$45.00</td>
<td>$67.2K</td>
<td>10.6K</td>
<td align="right">116</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$5.45</td>
<td>$5.15</td>
<td>$5.25</td>
<td>$40.00</td>
<td>$63.0K</td>
<td>6.5K</td>
<td align="right">120</td>
</tr>
</tbody>
</table>
</p>
<h3>About Freeport-McMoRan</h3>
<p>Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2023, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. About 75% of 2023 revenue was from copper, with a further 15% from gold and about 10% from molybdenum. It had about 25 years of copper reserves at end December 2023. we expect it to sell similar amounts of copper midcycle in 2028, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.</p>
<p>After a thorough review of the options trading surrounding Freeport-McMoRan, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is Freeport-McMoRan Standing Right Now?</h3>
<ul>
<li>With a volume of 6,522,648, the price of FCX is down -1.45% at $40.15. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 36 days.</li>
</ul>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.</p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Freeport-McMoRan options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Market Whales and Their Recent Bets on FCX Options

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<p><strong>Freeport-McMoRan Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) just hit a bearish milestone: <a href="https://www.benzinga.com/topic/death-cross">a <strong>Death Cross</strong></a>. This technical signal, where the 50-day exponential moving average dips below the 200-day, is often seen as a harbinger of extended selling pressure—and FCX stock's recent performance doesn't inspire optimism. </p>
<p><figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="633" height="493" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09130030/Screenshot-2024-12-09-at-6.05.31-PM.png" alt="" class="wp-image-683773" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09130030/Screenshot-2024-12-09-at-6.05.31-PM.png 633w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09130030/Screenshot-2024-12-09-at-6.05.31-PM-300x234.png 300w" sizes="(max-width: 633px) 100vw, 633px" /></a></figure></p>
<p><em><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent120924&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Chart created using Benzinga Pro</a></em></p>
<p>FCX stock has slumped 12.06% over six months and 16.11% over the past year, reinforcing the downtrend.</p>
<p>Adding to the bearish case, FCX stock has been trading below its five, 20 and 50-day moving averages. Although, news from Indonesia has currently lifted the stock above its short-term moving averages. The MACD reading of negative 0.77 and an RSI of 46.22 suggest neutral momentum but a potential tilt toward oversold conditions.</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/24/12/42352997/santa-rally-here-are-10-sp-500-stocks-that-historically-outperformed-in-decembers-second-half">Santa Rally: 10 S&amp;P 500 Stocks That Outperform In December&#8217;s Second Half</a></strong></p>
<h2 class="wp-block-heading">Copper's Crucial Role, But Headwinds Mount</h2>
<p>Behind the stock's struggles, Freeport's operations in Indonesia face significant obstacles. The company is negotiating for an export permit to ease global copper shortages, exacerbated by disruptions at competitors like First Quantum. Meanwhile, Freeport's Manyar smelter—key to its Indonesian operations—remains offline after an October fire, with operations not expected to resume until mid-2025.</p>
<p>Despite these challenges, copper's importance to green energy and infrastructure keeps Freeport in the spotlight. If Freeport secures increased export quotas, it could temporarily ease supply constraints. Yet, Indonesia's push for domestic processing underscores a global trend: resource-rich nations prioritizing local value addition over raw material exports.</p>
<h2 class="wp-block-heading">What It Means For FCX Stock Investors</h2>
<p>Freeport's Death Cross and challenging macro environment suggest near-term downside risk. While its efforts to secure export permissions could provide a glimmer of hope, the technical indicators paint a bearish picture for now. </p>
<p>Copper's vital role in global supply chains ensures long-term relevance, but for FCX stock investors, patience—or caution—might be the name of the game.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/etfs/specialty-etfs/24/11/42172182/coppers-high-wire-act-can-evs-new-tech-power-the-metals-next-big-surge">Copper&#8217;s High-Wire Act: Can EVs, New Tech Power The Metal&#8217;s Next Big Surge?</a></strong></li>
</ul>
<p><em>Image created using artificial intelligence via Midjourney.</em></p>


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