TRU-SENTIMENT · DeltaNeutral
FCX Trading Analysis - 09/11/2026 04:26 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
FCX (Freeport-McMoran Inc.) at $71.07. True Sentiment Bullish, delta 40-60 call 71% / put 29%, call $1,384,056 vs put $569,857. RSI 37.9.
- Symbol
- FCX
- Price
- $71.07
- Article bias (separate from True Sentiment)
- bullish
- Conviction
- medium
- Published
- 2026-09-11 16:26:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment: Bullish
Call vs Put dollar volume:
- Call dollar volume: $1,384,056
- Put dollar volume: $569,857
The pure directional positioning suggests near-term bullish expectations.
Key Statistics: FCX
Fundamental Snapshot
Valuation
| P/E (Trailing) | 44.79 |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | 6.38 |
Profitability
| EPS (Trailing) | N/A |
| EPS (Forward) | N/A |
| ROE | 14.24% |
| Net Margin | 17.74% |
Financial Health
| Revenue (TTM) | $25.87B |
| Debt/Equity | 0.29 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for FCX include:
- FCX announced a new copper mine project in South America, expected to increase production by 20%.
- The company reported a 15% increase in quarterly revenue, driven by higher copper prices.
- FCX has been investing heavily in renewable energy and reducing its carbon footprint, aligning with growing investor demand for sustainable investments.
These headlines suggest positive momentum for FCX, driven by increased production, revenue growth, and a focus on sustainability.
Fundamental Analysis:
Based on the provided fundamentals data:
- Revenue: $25.87 billion
- Gross Margin: 27.06%
- Operating Margin: 26.76%
- Profit Margin: 17.74%
- P/E Ratio: 44.79
- Debt/Equity Ratio: 0.29
- ROE: 14.24%
The company's fundamentals indicate a strong revenue base, healthy profit margins, and a reasonable debt-to-equity ratio. However, the P/E ratio is relatively high, which may indicate overvaluation.
Current Market Position:
Current price: $71.07
Recent price action: The stock has been trading in a range, with a recent high of $72.70 and a low of $70.92.
Intraday momentum: The minute bars show a slight downtrend in the last few hours, with a current RSI of 37.92.
Technical Analysis:
Technical Indicators
The technical indicators show:
- SMA 5 and 20 are above SMA 50, indicating a bullish trend
- RSI is oversold, which may indicate a buying opportunity
- MACD is bullish, with a positive histogram
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bullish
Call vs Put dollar volume:
- Call dollar volume: $1,384,056
- Put dollar volume: $569,857
The pure directional positioning suggests near-term bullish expectations.
Key Price Levels:
Support: $70.92
Resistance: $72.70
Entry: $71.50
Target: $75.00
Stop Loss: $70.00
25-Day Price Forecast:
FCX is projected for $72.50 to $75.50
Based on current technical trends, momentum, and indicators, the stock is expected to trade within this range.
Defined Risk Strategy Recommendations:
Based on the price forecast, consider the following strategies:
- Bull Call Spread: Buy 1 FCX 261016C00072500 call, Sell 1 FCX 261016C00075000 call
- Bear Put Spread: Buy 1 FCX 261016P00070000 put, Sell 1 FCX 261016P00072500 put
- Iron Condor: Sell 1 FCX 261016C00070000 call, Buy 1 FCX 261016C00072500 call, Sell 1 FCX 261016P00070000 put, Buy 1 FCX 261016P00072500 put
Risk Factors:
Technical warning signs:
- Overbought/oversold conditions
- Trend reversals
Sentiment divergences:
- Options sentiment vs price action
Volatility and ATR considerations:
- High volatility may impact strategy performance
Summary & Conviction Level:
Overall bias: Bullish
Conviction level: Medium
One-line trade idea: FCX has bullish momentum, but faces resistance at $72.70.
View FCX Options Chain