Freeport-McMoRan Inc. (FCX)
Freeport-McMoRan Max Pain By Strike
FCX trades at $45.32, 7.9% above the near-term max pain of $42 expiring Sep 19, 2025 (3 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($25-$6284.9), indicating stable market expectations. Key magnetic zone at 42 where 6 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Freeport-McMoRan Max Pain By Expiry
Max pain for FCX shows stable levels around 408.76, reflecting balanced market expectations. The 1531% spread signals divergent expectations across timeframes. Most levels below 45.32 may cap rallies. Strong magnetic level at 42 (6 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 42 | -3.32 (-7.33%) |
| Sep 26, 2025 | 44 | -1.32 (-2.91%) |
| Oct 3, 2025 | 43 | -2.32 (-5.12%) |
| Oct 10, 2025 | 42 | -3.32 (-7.33%) |
| Oct 17, 2025 | 43 | -2.32 (-5.12%) |
| Oct 24, 2025 | 43 | -2.32 (-5.12%) |
| Oct 31, 2025 | 25 | -20.32 (-44.84%) |
| Nov 21, 2025 | 41 | -4.32 (-9.53%) |
| Dec 19, 2025 | 42 | -3.32 (-7.33%) |
| Jan 16, 2026 | 44 | -1.32 (-2.91%) |
| Feb 20, 2026 | 44 | -1.32 (-2.91%) |
| Mar 20, 2026 | 40 | -5.32 (-11.74%) |
| Jun 18, 2026 | 42 | -3.32 (-7.33%) |
| Sep 18, 2026 | 42 | -3.32 (-7.33%) |
| Dec 18, 2026 | 45 | -0.32 (-0.71%) |
| Jan 15, 2027 | 42 | -3.32 (-7.33%) |
| Jan 23, 2064 | 6284.9 | 6239.58 (13767.83%) |