Freeport-McMoRan Copper & Gold Inc. (FCX) opened at 109.04. So far today, the stock has hit a low of 108.51 and a high of 110.65. FCX is now trading at 109.79, up 1.53 (1.40%). The stock hit its 52 week high of 111.47 in October and set its 52 week low of 48.85 in January. FCX has been moving upwards since the beginning of the year. Rising copper futures have dragged Freeport-McMoRan higher in today's market. Technical indicators for the stock are neutral but slightly deteriorating while S&P gives FCX a neutral 3 STARS (out of 5) hold rating. If you’re looking for a hedged play on this stock, consider an October bull-put credit spread below the $95 range. FCX stock could fall up to 13.5% before expiration and this position would still be profitable. [RHF - Seven Summits Strategic Investments NewsBite]