· wheel strategy
Freeport-McMoRan, Inc. (FCX) · wheel strategy $72.00
Day +3.9% · RSI 52 · Live · 15-min delayed · as of 10:55 AM ET
← All tickers
IV rank · 1 year51
Year lowYear high
Implied vol 50%.
Sellers are paid the gap between implied and realized volatility. Cboe research puts the long-run S&P 500 gap near 4 points.
Fair valueNo fair value yet
No fair value yet for this stock. Add your own mark in Rules → Fair values, or wait for the engine's valuation run.
- Quality gates✓ Pass
- Under fair value–
- Market cap$103B
Next earningsOct 22Next ex-dividendOct 15
Closest put · nothing clears the default rules today
FCX 55P · Nov 13
39 days · Δ0.12 · $1.17 mid · 20.3% annualized · 85% probability of profit
Score47
Market expects ±8.8% on earnings Oct 22; your strike is 23.6% away.(from the Oct 23 straddle)
IV rank5115.4 pts
Return6416.0 pts
Liquidity00.0 pts
Safety6710.0 pts
Timing406.0 pts
Strike on the chart
Checklist
Value ?SizeRed dayOversoldSupport
ValueRequired rule, metRed daySignal on todaySupportAlmostOversoldNot today
- Under fair value (required rule)
- Position under limit (required rule)0.0% of account · required to stay under 5% ✓
- Big red day+3.9% today · lit at -2.0% or lower –
- OversoldRSI 52 · lit at 30 or under –
- Near support9% above support $65.57 · lit within 3% –
Live · 15-min delayed. Default rules, not yours.
Rule-based setup from your own filters in Wheelhouse Trader. Not a recommendation.
Score it with your own rules.
Score it with your own rules