Volatility Analysis

Weekly Volatility Outlook: FCX

FCX implied volatility is at 58.64%. We break down the 7-day expected move and probability zones.

4 min read

Market Context

FCX is trading at $60.23 with an annualized Implied Volatility (IV) of 58.64%.

With 7 days to expiration (Target: Feb 06, 2026), the market is pricing in the following potential range.

Analysis Date

Jan 30, 2026

Target Date

Feb 06, 2026

Price

$60.23

IV

58.64%

Volatility Math (7 Days)

To estimate the expected move, we convert annualized IV to the 7-day timeframe.

Formula: 58.64% × √(7/365) ≈ 8.12%.

In dollar terms, this is approximately ±$4.89.

The market expects FCX to stay within ±8.12% about 68% of the time over the next 7 days.

Time Factor

0.1385

Exp. Move %

±8.12%

Exp. Move $

±$4.89

Probability Cone

The following table shows the statistical probability ranges based on current volatility.

68% Confidence

$55.34 — $65.12

80% Confidence

$53.96 — $66.50

90% Confidence

$52.18 — $68.28

95% Confidence

$50.64 — $69.82

Disclaimer

This analysis is a static projection based on current IV. Real-world events may cause price to move outside these bounds. Not investment advice.

Key takeaways

  • Current IV of 58.64% implies a ±8.12% move in 7 days.
  • The 68% confidence interval is $55.34 to $65.12.
  • Ranges are based on static IV; earnings or news can expand these significantly.