This Is What Whales Are Betting On Southern Copper - Southern Copper (NYSE:SCCO)

Group 1 - Significant bullish interest from deep-pocketed investors in Southern Copper (SCCO) suggests potential upcoming developments [1] - Recent options activity shows 11 extraordinary trades, with 45% of investors leaning bullish and 27% bearish; notable trades include 6 puts totaling $224,800 and 5 calls amounting to $195,435 [2] - Expected price movements for SCCO are projected between $97.5 and $215.0 over the past three months based on trading activity [3] Group 2 - Insights into volume and open interest indicate crucial liquidity and interest levels for SCCO's options within the strike price range of $97.5 to $215.0 over the past month [4] - Current market position shows SCCO's price at $189.92, down 8.1%, with a trading volume of 1,377,770; RSI indicators suggest a neutral position [7] - An industry analyst from B of A Securities has revised the rating for SCCO to Underperform, with an average target price set at $175.0 [6]