FCX Freeport-McMoRan Inc
$72.60 · +0.00% vs $72.60 close · scored 09:57 · fresh
Decision brief
NEUTRAL · 76/100
What changed
Composite weakened 6.7 points.
Evidence is current.
What would change the view
composite leaves the neutral band · confidence deteriorates materially from 76/100
For the read
options volume favours puts · signal has been stable · evidence confidence is high
Against / uncertainty
open interest leans against the read
The read
Neutral, well evidenced , and the tape has led price here.
−100 bearish 0 bullish +100
+0.1 composite┆ +6.7 yesterday (−6.7) −6.7 vs a week ago
Evidence
76 / 100 · top 6% today
33,102 contracts · quality 91 · stability 0.84
neutral · −0.51% · n=4,671
What traded today · weight 62%
−9.3 pts
14,080 calls · 42.5% 19,022 puts
bias −14.9 × 0.62
What’s on the books · weight 38%
+9.3 pts
84,213 call OI · 62.3% 51,019 put OI
bias +24.5 × 0.38
Equals
+0.1
50% of the score comes from today’s volume, 50% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves 30d: price −4.76% · tape −10.6 · corr -0.05
▼ low −24.0 ◆ −55.6 in a day ● peak +46 08-25 09-01 09-08 09-15 09-22 09-29 10-06 10-10 $80 $69 Plain English: Over 30 days, price has fallen 4.76% while the tape has faded 10.6 points. They agree.
03
Should you trust it? pass Plenty behind it confidence 76 (94th pct) · quality 91 · 33,102 contracts
pass Stable 0.84 vs 7-day rolling · choppiness 47
note Neutral reads make no call neutral · balanced · mid liquidity → −0.51% avg, n=4,671
pass Tape has led price tape has led FCX’s price by 1 day (r=-0.24, n=45)
note Stretched vs its own history today’s tape sits low relative to price
against Our record on FCX is poor 25% hit rate on 1122 closed calls · payoff 0.76×
04
Where the positions sit No per-strike chain is stored for this name yet, so we can’t show where the positions sit. The totals above still come from today’s chain.
Spot $72.60. The $80 strike holds the most open interest (the “wall”, 25,358). Near-dated expiry in the mix, so OI is noisier.
25%
hit rate · 1122 closed
4 Oct · 4h
$72.04 → $72.04
+0.00% flat
2 Oct · 4h
$71.66 → $71.66
+0.00% flat
2 Oct · 4h
$70.07 → $70.07
+0.00% flat
2 Oct · 4h
$69.28 → $69.28
+0.00% flat
One rule everywhere: a move of 0.05% or less is flat , and flat is not a hit. That is the same rule Proof uses; 462 of these 1122 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
Street Buy-leaning Next report —
P/E 35.63 · fwd 19.29 Beta 1.369
52w $38.19–$80.24 IV rank —
Ask about FCX answers from FlowDesk data only
You
Why did the score drop from +7 to +0 this week?
FlowDesk
It was mostly one day. The composite was +6.7 on 3 Oct, then fell to +0.1 on 4 Oct as the price moved from $71.66 to $71.66. It’s at +0.1 now.−9.3 from volume and +9.3 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 46 pts stock_scores · 09:57 method · 62/38
Compare with NB Why is our FCX record what it is? What’s the $80 wall?
What our data projects
−0.01 points vs the market, next 5 trading days
#275 of 635 · helped by quality, tape composite, confidence. Not trusted yet: context, not a call.
How Tell me when… The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $80 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Sign in to set alerts. Composite, price and evidence rules work today; earnings and one-day-move rules aren’t built yet.
Freeport-McMoRan Inc · Metals & Mining
Neutral, well evidenced . The tape has led price here.
−100 bearish 0 bullish +100
+0.1 ┆ +6.7 yday evidence
neutral · −0.51% · n=4,671
Why it’s +0
−9.3 volume · 43% calls+9.3 OI · 62% calls
46 days · tape bars, price line
◆ −55.6 08-25 09-01 09-08 09-15 09-22 09-29 10-06 10-10 $80 $69 Price −4.76%, tape −10.6 over 30 days. The two agree.
Should you trust it?
pass Plenty behind it confidence 76 (94th pct) · quality 91 · 33,102 contracts
pass Stable 0.84 vs 7-day rolling · choppiness 47
note Neutral reads make no call neutral · balanced · mid liquidity → −0.51% avg, n=4,671
note Stretched vs its own history today’s tape sits low relative to price
What traded today · 62%
−9.3 pts
14,080 calls · 19,022 puts · bias −14.9
What’s on the books · 38%
+9.3 pts
84,213 call OI · 51,019 put OI · bias +24.5
— price ◆ big one-day moves 30d: price −4.76% · tape −10.6 · corr -0.05
▼ low −24.0 ◆ −55.6 in a day ● peak +46 08-25 09-01 09-08 09-15 09-22 09-29 10-06 10-10 $80 $69 Over 30 days, price has fallen 4.76% while the tape has faded 10.6 points. They agree.
No per-strike chain is stored for this name yet, so we can’t show where the positions sit. The totals above still come from today’s chain.
25% hit rate · 1122 closed
4 Oct · 4h
$72.04 → $72.04
+0.00% flat
2 Oct · 4h
$71.66 → $71.66
+0.00% flat
2 Oct · 4h
$70.07 → $70.07
+0.00% flat
2 Oct · 4h
$69.28 → $69.28
+0.00% flat
The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $80 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about FCX
Why did the score drop from +7 to +0 this week?
It was mostly one day. The composite was +6.7 on 3 Oct, then fell to +0.1 on 4 Oct as the price moved from $71.66 to $71.66. It’s at +0.1 now.−9.3 from volume and +9.3 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 46 pts stock_scores · 09:57 method · 62/38
Compare with NB Why is our FCX record what it is? What’s the $80 wall?