Volatility Analysis

Weekly Volatility Outlook: FCX

FCX implied volatility is at 51.51%. We break down the 7-day expected move and probability zones.

4 min read

Market Context

FCX is trading at $61.53 with an annualized Implied Volatility (IV) of 51.51%.

With 7 days to expiration (Target: Jul 17, 2026), the market is pricing in the following potential range.

Analysis Date

Jul 10, 2026

Target Date

Jul 17, 2026

Price

$61.53

IV

51.51%

Volatility Math (7 Days)

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

Formula: 51.51% × √(7/365) ≈ 7.13%.

In dollar terms, this is approximately ±$4.39.

The market expects FCX to stay within ±7.13% about 68% of the time over the next 7 days.

Time Factor

0.1385

Exp. Move %

±7.13%

Exp. Move $

±$4.39

Probability Cone

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

68% Confidence

$57.14 — $65.92

80% Confidence

$55.90 — $67.16

90% Confidence

$54.31 — $68.75

95% Confidence

$52.93 — $70.13

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 51.51% implies a ±7.13% move in 7 days.
  • The 68% confidence interval is $57.14 to $65.92.
  • Ranges are based on static IV; earnings or news can expand these significantly.