Global X Copper Miners ETF forum
COPX cooling again after last weeks spike, but still too early to know if the move is real. Friday (Aug, 1st) should be telling with 50% duties on the docket.
COPX I started up a short position today tradingview.com/x/92cGASUm
Looking at Jan 2026 $46 COPX PUTS on the 50% Trump tariff. Remarkably the price is up 2% overnight (Robinhood). If the Bloomberg article is right, the surge could be a last minute rush to move material before the duties kick in.
bloomberg.com/news/articles/2025-07-09/copper-futures-in-london-drop-after-trump-plan-50-import-tariff
COPX PUTS on the 50% Trump tariff. Remarkably the price is up 2% overnight (Robinhood). If the Bloomberg article is right, the surge could be a last minute rush to move material before the duties kick in.bloomberg.com/news/articles/2025-07-09/copper-futures-in-london-drop-after-trump-plan-50-import-tariff