Rating
3.5 / 5
Recommendation
Hold
Credit put spread analysis · · Good setup
IV Rank
49
Implied volatility percentile
Trend
0.53
Long-term trend score
Safety
8/9
Quality checks passed
Drop
-5.3%
Day 3 of drop
1Y Change
13.3%
Trailing 12 months
Earnings
Clear
No event in window
Trade history on FCX
Every live credit put spread we've opened on this ticker — what was traded, when, and how it ended.
| Opened | Strikes (S/B) | Expiration | Credit | P/L | Outcome |
|---|---|---|---|---|---|
| Mar 10, 2026 | $55.00/$50.00 | Apr 16, 2026 | $3.00 | -$1.22 | Loss · price_drop |
Earlier analyses
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The 5.27% drop in FCX presents a strong opportunity for a credit put spread. Selling puts can be risky, but the current data shows a decent setup with good risk/reward potential. Current Stock Price: $59.36 Sell Strike:…
AI analysis
Options Trading Expert · Mar 9, 2026
The -5. 27% drop in FCX's price may indicate a decent opportunity for a credit put spread. However, the Safety score of 8/9 and the positive trend of 53% should be taken into consideration.
A credit put spread involves selling a put option at a higher strike price and buying a put option at a lower strike price. The spread width should be around 5-10% of the current stock price, which is $62. 40.
Considering these factors, I recommend WAITING for a more favorable entry point.