RIO is liked for long-term holding but avoided for active trading due to high volatility and low liquidity; FCX and Southern Copper are preferred.

Here here are three for you, Amory. We've got Dell, Intel, and Rio. Rio is another copper miner. >> Yes, they are. Rio Tinto. Yeah. >> Yeah, they are in Brazil.

Rio is very interesting. Rio has this, as you can see, I look at this chart a lot. It's got all kinds of stuff going on. Um, >> including a a humongous downtrend going all the way back to 1995. Yes.

So, let's take a look at this one just from a monthly perspective. We can see that really since 2008 we have not been up over $86 in state there on the month. So what did we first do? We broke out. We came back and retested it.

This also I think is a move that is going to hold over time, but it's a it's a chart that it's a chart that can really move against you. So my thought with Rio, why I don't trade it actively is because it has that sort of crazy motion all over the place.

If you're thinking to yourself, wait, what is that number again? 86. Let's see how much they give us. Yeah, it's still not great. Um, listen, it's it's worth it, but it needs time.

And when it needs time, just you can't do butterflies here because they'll never fill. There's just no there's no open interest. You could start with um a 110 to 120 regular call spread at 335.

And then as time moves on, give you a little bit of room.

But this is a volatile chart by all stretches of the imagination. And to me, I would not be surprised to easily see it come back into the initial breakout space right around the 100 and then really test lower in liquidity break before it moved to the north.

I like it though. It's not bad. Um, of course I prefer FCX and uh, Southern Copper as as my personal choices.