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Bonus pick: FCX @$49.64
Sell to Open FCX April $45.00 Put @ $1.02 Limit, Good until cancelled
Freeport-McMoRan Copper & Gold Inc.(FCX) engages in the exploration, mining, and production of mineral
resources. It primarily explores for copper, gold, molybdenum, silver, and cobalt deposits. The company holds
interests in various properties located in North and South America; Grasberg minerals district in Indonesia; and
Tenke Fungurume minerals district in the Democratic Republic of Congo. As of December 31, 2009, its
consolidated recoverable proven and probable reserves totaled 104.2 billion pounds of copper, 37.2 million
ounces of gold, 2.59 billion pounds of molybdenum, 270.4 million ounces of silver, and 0.78 billion pounds of
cobalt. Freeport-McMoRan Copper & Gold Inc. was founded in 1987 and is headquartered in Phoenix, Arizona.
This is a Bonus pick for a longer term play. We don’t mind if it gets “Put” to us, since it have
a very low PE Ratio for it’s class, room to grow, and in a sector that is essential to modern
Until next time
Brad Lee AKA “The Options Oracle” and “The Money Medic” is an individual investor who does not manage
money for any financial institution. You are purchasing the list of stocks that he uses to select options contracts
he feels will return him the highest, safest profits. Brad is not a broker, or financial adviser. He is a remarkable
investor who has developed a successful strategy for himself, and is willing to share some of his magic
We urge you to paper trade these picks and learn how to develop a strategy that is appropriate for you. Thank
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