15.89K calls and 6.34K puts traded on Nov 4, 2026, 22.23K contracts in total. Open interest was 968.28K contracts. Over the past 30 days, volume averaged 30.74K contracts per day. The FCX option volume chart shows volume by strike and expiration date.

Freeport-McMoran IV rank is 41, so its 30-day implied volatility of 45.5% is near the middle of its one-year range. Over the past year it ranged from 32.9% on Dec 12, 2025 to 63.8% on Mar 6, 2026. See the FCX implied volatility history for a longer view.

The Freeport-McMoran put/call volume ratio was 0.40 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 1.01. The FCX open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Freeport-McMoran options about one week from expiration was $64.14, 2.4% above the $62.64 close. The FCX max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 53.5%, options price a move of about ±$4.64 (±7.4%) over the next week, a range of roughly $58.00 to $67.28 from the Nov 4, 2026 close. The FCX expected move chart shows it for every expiration date.