16.97Open15.50Pre Close23 Volume26 Open Interest30.00Strike Price39.02KTurnover268.28%IV0.16%PremiumNov 8, 2024Expiry Date16.89Intrinsic Value100Multiplier2DDays to Expiry0.08Extrinsic Value100Contract SizeAmericanOptions Type0.9893Delta0.0030Gamma2.76Leverage Ratio-0.0391Theta0.0017Rho2.73Eff Leverage0.0010Vega
Freeport-McMoRan Stock Discussion
1. Electric Motors: EVs use electric motors instead of engines, which require more copper for windings.
2. Batteries: The battery packs in EVs, especially lithium-ion batteries, have copper components fo...
Last week (14 Oct 2024 to 18 Oct 2024), $S&P 500 Index (.SPX.US)$ (+0.85%) $SPDR S&P 500 ETF (SPY.US)$ (+0.86%) outperformed many mega-cap (The Magnificent 6) stocks:
Underperformers
$Microsoft (MSFT.US)$ (+0.44%), $Alphabet-A (GOOGL.US)$ (+0.11%), $Alphabet-C (GOOG.US)$ (+0.32%), $Amazon (AMZN.US)$ (+0.09%), $Meta Platforms (META.US)$ ( ...
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