The Trade: Buy 1 FCX August 20 call and sell 1 FCX August 25 call for a debit of 1.00 pointFreeport-McMoRan (FCX) is a natural resource company that acquires, explores and develops mineral assets such as copper, gold, silver, and molybdenumIn addition, FCX explores for natural gas and oilNote that FCX owns a cobalt mine in Africa (the Congo). Coba...
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