April 19, 2013

Freeport McMoRan (FCX)


We are closing our FCX call vertical now trading at $0.43. We initially got in at $0.68. This is a 37% loss on the trade.


SELL To CLOSE 4 Apr-20 FCX 28 Puts trading at $0.44
BUY To CLOSE 4 Apr-20 FCX 26 Puts trading at $0.01


FCX is now trading at $27.62
This spread is now trading $0.43
The Total Credit of this spread is $1.72


Day Order Only

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