Volatility Analysis

Weekly Volatility Outlook: FCX

FCX implied volatility is at 52.30%. We break down the 7-day expected move and probability zones.

4 min read

Market Context

FCX is trading at $60.67 with an annualized Implied Volatility (IV) of 52.30%.

With 7 days to expiration (Target: Feb 13, 2026), the market is pricing in the following potential range.

Analysis Date

Feb 06, 2026

Target Date

Feb 13, 2026

Price

$60.67

IV

52.30%

Volatility Math (7 Days)

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

Formula: 52.30% × √(7/365) ≈ 7.24%.

In dollar terms, this is approximately ±$4.39.

The market expects FCX to stay within ±7.24% about 68% of the time over the next 7 days.

Time Factor

0.1385

Exp. Move %

±7.24%

Exp. Move $

±$4.39

Probability Cone

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

68% Confidence

$56.28 — $65.06

80% Confidence

$55.04 — $66.30

90% Confidence

$53.44 — $67.90

95% Confidence

$52.06 — $69.28

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 52.30% implies a ±7.24% move in 7 days.
  • The 68% confidence interval is $56.28 to $65.06.
  • Ranges are based on static IV; earnings or news can expand these significantly.