GammaRips

SCCO

BEAR
2026-06-09

Overnight Scan Record · Other

See the 2026-06-09 Morning Briefing

This is one row from the GammaRips nightly scan of about 3,500 optionable US stocks, tracked to its outcome. What membership means depends on the scan date. For scan dates from 2026-08-24, it is a liquidity rank: the 100 most liquid names, bullish only. For earlier scan dates, the scan selected on unusual options activity and included bearish names. The two sets are not one population. Data, not a recommendation. New here? See how the pool is built → Or put your AI agent on this data →

Score
4/10

Descriptive context. Not a quality rank and not a forecast.

Move
1.4%
Flow
$3.0M
AI Analysis

Model-written context on what the scan saw that night. It is context, not advice and not a trade instruction.

SCCO BEAR $170P Jun 18 '26. This bearish block trade strongly disagrees with today's dominant bullish scan direction and sits outside the most concentrated sector clusters, indicating a highly idiosyncratic play. Entry near the $170.48 spot targeting $162.00 as the stock trades below its 200-day moving average amid cooling copper prices. Risk: A macro commodity rally or short squeeze.
Flow Breakdown
Call Volume
$739K
Put Volume
$2.3M
Flow Intent
DIRECTIONAL
Catalyst
No Clear Catalyst
More Bearish Flow · 2026-06-09
Engine-Selected Contract
The contract the engine priced for this row. Descriptive, not a recommendation.
ContractO:SCCO260618P00170000
Strike$170.00
Expiration2026-06-18
Delta-0.46
Key Levels
Resistance$180.89
Support$165.23
Price$170.48
SMA 50 / 200$181 / $155
52W Range$81$222
RSI (14)41
News & Catalyst Analysis

Key Headline

Capital Research Global Investors Acquires Shares of 564,852 Southern Copper Corporation $SCCO

News Summary

Southern Copper (SCCO) is drifting -1.4% lower as it breaks below its 200-day moving average, driven by broader cooling in the copper market and a consensus Wall Street rating of 'Reduce'. Despite a heavily bullish market backdrop, institutional options flow has turned aggressively bearish on this name. This downward pressure is expected to continue as technical momentum deteriorates and copper prices consolidate.

Flow Intent Analysis

The $2.26M premium in near-term $170P contracts expiring in just 9 days represents a highly aggressive, short-dated directional bet rather than a standard equity hedge, especially given the lack of a major recent downside move.

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Read the 2026-06-09 morning briefing for the full scan this SCCO row came from: the shape of the pool that day, the themes in the flow, and every other name in it.

How We Read This Flow

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