[Buying Puts on Freeport Mcmoran (FCX)/Buying Jan 40 Puts (FCXMH)/Day Order/Limit $3.50]
Dear Member,
Freeport Mcmoran (FCX) has broken down through the neckline of a head and shoulders formation. I am placing an order to buy the Jan 40 Puts (FCXMH) at $3.50 or better.
DISCLOSURE: At the time of publication, I have no position in the referenced options or the underlying stock.
Sincerely,
Bill Kraft for
CutLoss, Inc.
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