TRU-SENTIMENT · DeltaNeutral
FCX Trading Analysis - 09/11/2026 05:09 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
FCX (Freeport-McMoran Inc.) at $71.18. True Sentiment Bullish, delta 40-60 call 71% / put 29%, call $1,384,056 vs put $569,857. RSI 37.9.
- Symbol
- FCX
- Price
- $71.18
- Article bias (separate from True Sentiment)
- neutral
- Conviction
- medium
- Published
- 2026-09-11 17:09:00 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 options sentiment is bullish, with a higher call dollar volume compared to put dollar volume.
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 low of $70.92 and a high of $72.70.
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
SMA trends:
- 5-day SMA: 73.57
- 20-day SMA: 73.62
- 50-day SMA: 67.39
The stock is currently below its 5-day, 20-day, and 50-day SMAs, indicating a downtrend. The RSI is oversold, and the MACD is showing a bullish signal.
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 options sentiment is bullish, with a higher call dollar volume compared to put dollar volume.
Key Price Levels:
Support levels: $70.92 (recent low)
Resistance levels: $72.70 (recent high), $75.00 (50-day SMA)
25-Day Price Forecast:
FCX is projected for $68.50 to $72.50
Based on current trends, momentum, and indicators, the stock price is expected to trade within a narrow range over the next 25 days.
Defined Risk Strategy Recommendations:
Based on the price forecast, consider the following defined risk strategies:
- Bull Call Spread: Buy 1 FCX 261016C00070000 call, sell 1 FCX 261016C00072500 call
- Bear Put Spread: Buy 1 FCX 261016P00070000 put, sell 1 FCX 261016P00067500 put
- Iron Condor: Sell 1 FCX 261016C00070000 call, buy 1 FCX 261016C00072500 call, sell 1 FCX 261016P00067500 put, buy 1 FCX 261016P00065000 put
Risk Factors:
Technical warning signs:
- Oversold RSI
- MACD divergence
Sentiment divergences:
- Options sentiment vs. price action
Volatility and ATR considerations:
- ATR: 3.17
Summary & Conviction Level:
Overall bias: Neutral
Conviction level: Medium
One-line trade idea: FCX may trade within a narrow range, with a potential upside to $72.50.
View FCX Options Chain