Volatility Analysis

Weekly Volatility Outlook: FCX

FCX implied volatility is at 55.05%. We break down the 7-day expected move and probability zones.

4 min read

Market Context

FCX is trading at $62.10 with an annualized Implied Volatility (IV) of 55.05%.

With 7 days to expiration (Target: Jul 31, 2026), the market is pricing in the following potential range.

Analysis Date

Jul 24, 2026

Target Date

Jul 31, 2026

Price

$62.10

IV

55.05%

Volatility Math (7 Days)

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

Formula: 55.05% × √(7/365) ≈ 7.62%.

In dollar terms, this is approximately ±$4.73.

The market expects FCX to stay within ±7.62% about 68% of the time over the next 7 days.

Time Factor

0.1385

Exp. Move %

±7.62%

Exp. Move $

±$4.73

Probability Cone

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

68% Confidence

$57.37 — $66.83

80% Confidence

$56.03 — $68.17

90% Confidence

$54.31 — $69.89

95% Confidence

$52.82 — $71.38

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 55.05% implies a ±7.62% move in 7 days.
  • The 68% confidence interval is $57.37 to $66.83.
  • Ranges are based on static IV; earnings or news can expand these significantly.