MomentumOptions.com New Trade (FCX) for 11/13/2020

12:00pm (EST)

I have a New Trade for today so let’s get on it. I could also add another position later this afternoon so stay locked-and-loaded.

New Trade!

Freeport McMoRan (FCX, $19.87, up $0.34)

Buy to Open FCX December 20 calls (FCX201218C00020000, $1.10, up $0.10)

Action: I like these call options at current levels and you can use a Limit Order up to $1.25 to get the best fills. These are the regular FCX December 20 calls that expire on December 18th, 2020.