Southern Copper Corporation (SCCO)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 18:42 UTC · Figures derived from the full chain (1,126 contracts, 14 expirations) · IV own-history percentile appears after 60 recorded days (28 so far)
Expected move · Nov 20, 2026 (32 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±12.1% (range 176.61–225.01) by Nov 20, 2026. ATM straddle: 24.20 @ strike 200 · ATM IV: 48.5%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 180.73 | -10% | 74.6% | 25.4% |
| 190.77 | -5% | 61.2% | 38.8% |
| 200.81 | +0% | 47.1% | 52.9% |
| 210.85 | +5% | 34.0% | 66.0% |
| 220.89 | +10% | 23.1% | 76.9% |
Model-estimated probabilities of finishing above/below each level at expiration: estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Nov 20, 2026 · lognormal model with zero drift: an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Oct 23, 2026 | 4 | ±5.3% | 47.6% | 2,596 |
| Oct 30, 2026 | 11 | ±7.8% | 50.2% | 864 |
| Nov 06, 2026 | 18 | ±9.8% | 51.0% | 347 |
| Nov 13, 2026 | 25 | ±11.0% | 49.0% | 188 |
| Nov 20, 2026 | 32 | ±12.1% | 48.5% | 9,129 |
| Nov 27, 2026 | 39 | ±12.9% | 47.8% | 52 |
| Dec 18, 2026 | 60 | ±15.7% | 48.0% | 2,738 |
| Jan 15, 2027 | 88 | ±18.4% | 46.9% | 13.6K |
| Mar 19, 2027 | 151 | ±23.5% | 46.4% | 2,013 |
Open interest by strike · Nov 20
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 185 P · 1,529180 C · 1,502210 C · 1,232220 C · 987200 P · 867
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Daily closes; Financial Modeling Prep.
Track record
Full history →Of 93 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 83.9% of the time.
Past earnings reactions
Avg |reaction| 3.4% · median 2.8% (21 reports). Two-session close-to-close window; definition
About Southern Copper Corporation
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Mexico, the United States, Peru, Brazil, Chile, and Other American countries. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of copper-molybdenum concentrates and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of copper, molybdenum, zinc, silver, gold and lead. It operates the Toquepala and Cuajone open-pit mines, smelter, and refinery in Peru; La Caridad, an open-pit copper mine, as well as copper ore concentrator; and SX-EW plant, a smelter, refinery, and rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as copper concentrators and operating SX-EW plants in Mexico. In addition, it operates underground mines that produce zinc, lead, copper, silver, and gold; coal mine; and zinc refinery. The company has interests in 164,805 hectares and 505,788 hectares of concessions in Peru
Basic Materials · Copper · NYSE · Profile: Financial Modeling Prep
Related securities · Basic Materials
CLF · IV 66.4%FCX · IV 47.8%MP · IV 64.5%VALE · IV 38.9%NEM · IV 43.0%AA · IV 45.2%