Freeport McMoRan (FCX) volatility at 17-month lows
Freeport McMoRan (NYSE: FCX) closed at $78.17. Copper is recently down .58% to 301.20 according to Bloomberg. FCX November option implied volatility is at 49, December is at 50; below its six-month of average of 59, according to Track Data, suggesting decreasing price movement. Paul Foster
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