Molycorp Inc (NYSE:MCP) will report first-quarter earnings after the close tomorrow.
The firm has fallen short of analysts' per-share profit projections in four of the past eight quarters, resulting in an average one-week post-earnings deficit of 9.7%. Against this backdrop, short-term options traders are more put-focused than usual right now, as evidenced by the stock's SOIR of 1.47 -- which stands just 7 percentage points from a 12-month peak. Likewise, just one out of five analysts offers up a "strong buy" opinion of MCP, and 37.6% of the security's total float is dedicated to short interest. In fact, at the stock's average daily trading volume, it would take 19 sessions to buy back all of these bearish bets. In afternoon action, MCP is down 1.3% at $4.62.