FCX Gamma Exposure, IV Rank & Implied Volatility
Freeport-McMoRan (FCX) options data — GEX, IV rank, options chain & Greeks
FCX options trade with implied volatility typically in the 28% - 60% range, averaging N/A in daily volume with very good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.
An IV rank near 54.8 (the value shown here is illustrative) would mean implied volatility is in roughly the 54.8th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live FCX IV rank from ORATS, open the dashboard.
Chart shows simulated data for display purposes. View the real FCX IV history on the live platform →
Comprehensive options market data for Freeport-McMoRan (FCX).
FCX Options at a Glance
What's Covered in This Guide
1 About Freeport-McMoRan (FCX)
Freeport-McMoRan (FCX) is a copper mining company listed on NYSE.
Company Profile
Key Dates
Freeport-McMoRan is a Copper Mining) company in the Materials sector.
2 FCX Options Market Overview
FCX options provide trading opportunities for options traders.
Liquidity Assessment: Very Good
FCX options provide trading opportunities across multiple expirations.
3 FCX Implied Volatility & IV Rank
FCX implied volatility patterns reflect the copper mining sector dynamics.
Earnings Impact
IV typically expands before earnings and contracts after the announcement.
The post-earnings volatility drop is known as IV crush. Holders of short FCX options should also understand early assignment risk around dividends and expiration.
Historical Volatility vs IV
FCX IV generally trades near historical volatility, with premiums expanding around earnings.
Term Structure
Typically upward sloping under normal conditions.
FCX Gamma Exposure (GEX)
Gamma Exposure analysis for FCX reveals dealer hedging dynamics at key strike levels.
Typical GEX Profile: FCX tends to operate in a positive gamma environment during normal conditions.
Key Levels:
Dealer Hedging:
4 Common FCX Options Strategies
These are strategies commonly used by traders on FCX options, based on typical market characteristics. This is not investment advice.
Popular for FCX shareholders seeking additional income.
Defined-risk directional exposure on FCX.
Range-bound strategy for FCX between events.
Key Considerations for FCX Options
- Monitor FCX earnings dates for IV expansion/contraction patterns
- Consider the stock's beta when sizing options positions
- FCX options liquidity varies by expiration - prefer near-term and monthly expirations
Frequently Asked Questions: FCX Options
What is FCX's typical implied volatility?
FCX implied volatility typically ranges from 28% - 60%. IV patterns are influenced by earnings, sector events, and market conditions.
Does FCX have weekly options?
Yes, FCX offers weekly options expirations.
What is FCX's options trading profile?
FCX (Freeport-McMoRan) options trade with very good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 28% - 60% range. The position sits in the Materials category for portfolio diversification and options strategy design.
How does FCX implied volatility behave around earnings?
IV typically expands before earnings and contracts after the announcement. Next scheduled earnings: See earnings calendar. Traders often size short premium positions for the post-earnings IV crush, while long premium buyers should be aware that the IV decline can outweigh small directional moves.
What options strategies work well on FCX?
Popular strategies on FCX options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 28% - 60% typical range, days to next earnings, and the trader's directional outlook. Higher IV regimes favour premium-selling strategies; lower IV regimes favour directional debit spreads or long premium plays.
What is FCX's gamma exposure (GEX)?
Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence FCX's intraday price action. FCX tends to operate in a positive gamma environment during normal conditions. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live FCX GEX levels and the gamma-flip point on ApexVol.
What is FCX's IV rank?
FCX's IV rank shows where FCX's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. FCX implied volatility typically ranges from 28% - 60%. Check FCX's live IV rank and percentile on ApexVol's IV analytics.
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