Whales with a lot of money to spend have taken a noticeably bearish stance on Freeport-McMoRan.
They have bought options that give them the right to sell the stock at a certain price, hoping that the stock price will go down. If the stock price goes down, they can make money. If the stock price goes up, they lose money. This shows that they think the stock price will go down. Read from source...

- The article title and introduction are misleading and exaggerated, implying that "whales" with a lot of money are bearish on FCX, while the text later reveals that only 14% of the investors are bearish and 85% are bullish.
- The article uses outdated and irrelevant information, such as the mean open interest and volume trends for call and put options for FCX within a strike price range of $37.0 to $60.0 over the last 30 days, which does not reflect the current market situation or the recent performance of the stock.
- The article does not provide any evidence or explanation for the supposed trends or sentiment of the options traders, but rather repeats the data without context or analysis.
- The article also does not discuss the reasons behind the bearish or bullish sentiments, or how they might affect the stock price or the company's performance.
- The article ends with a promotion for Benzinga Pro, which seems unrelated to the topic and the main purpose of the article.

Bearish
Article's Primary Focus: Options Trading
Key points:
- The article analyzes the options trading activity of Freeport-McMoRan, a mining company.
- It finds that 85% of the options traders are bearish on the stock, with large put trades indicating a potential price decline.
- It also provides some background information on the company and its recent performance and ratings from experts.
- It concludes by promoting Benzinga's services and tools for options traders.

The material is comprehensive in its coverage of options trading trends for Freeport-McMoRan and provides detailed information on options history, open interest, volume, expected price movements, and expert opinions. The material also offers a brief overview of the company and its performance, as well as a risk disclosure statement.