FCX Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: FCX's strong position in the copper market, driven by renewable energy demand and a potential copper supply squeeze, supports bullish sentiment. Elevated call volume indicates positive investor outlook.




Bearish Case: Persistent geopolitical risks, economic slowdown fears, and high operational costs could pressure FCX. High implied volatilities reflect market concern, suggesting potential price declines.




Potential Outcomes:
  • Copper demand surge (60%): Driven by EVs and green initiatives.
  • Economic slowdown (25%): Impacts copper prices negatively.
  • Geopolitical tension (15%): Disrupts supply chains.



May 21, 2025


Freeport-McMoRan Forecast

FCX        Freeport-McMoRan











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ASH Forecast + Options Trading Strategies   ASH  Ashland (0.88)


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Uncorrelated Assets

Assets with little price relationship to FCX



ROK Forecast + Options Trading Strategies   ROK  Rockwell Automation (-0.0)


DKS Forecast + Options Trading Strategies   DKS  Dicks Sporting Goods (0.01)


NGG Forecast + Options Trading Strategies   NGG  National Grid (0.01)


TAL Forecast + Options Trading Strategies   TAL  TAL Education (-0.01)


WMG Forecast + Options Trading Strategies   WMG  Warner Music (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against FCX



PL Forecast + Options Trading Strategies   PL  Planet Labs PBC - (-0.75)


COMP Forecast + Options Trading Strategies   COMP  Compass (-0.75)


EOSE Forecast + Options Trading Strategies   EOSE  Eos Energy Enterprises (-0.78)


CORT Forecast + Options Trading Strategies   CORT  Corcept Therapeutics (-0.79)


LRN Forecast + Options Trading Strategies   LRN  Stride (-0.83)









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