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-0.000288378352398358 -0.00048063058733055 -0.00259540517158508 -0.00168220705565699 0.00129770258579261 0.00163414399692398 -0.00124963952705946 -0.00547918869556852
Stock impact report

Is the Options Market Predicting a Spike in Southern Copper (SCCO) Stock? [Yahoo! Finance]

Southern Copper Corporation (SCCO) 
Last southern copper corporation earnings: 2/26 04:01 pm Check Earnings Report
US:NYSE Investor Relations: southernperu.com/eng/invrel
Company Research Source: Yahoo! Finance
That is because the Sep 20, 2024 $50 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, options traders are pricing in a big move for Southern Copper shares, but what is the fundamental picture for the company? Currently, Southern Copper is a Zacks Rank #3 (Hold) in the Mining - Non Ferrous industry that ranks in the Top 24% of our Zacks Industry Rank. Over the last 30 days, no analysts have increased their earnings estimates for the current quarter, wh Show less Read more
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