According to @CNBC, the article explains how traders can position for further gains in copper by using options on a mining stock to obtain bullish exposure while controlling downside risk (source: CNBC). Actionable setup ideas include timing option expirations around known company catalysts such as quarterly production updates and earnings to concentrate exposure to likely volatility drivers (sources: CNBC; Cboe Global Markets). Traders can consider long calls or vertical call spreads to cap premium outlay and reduce sensitivity to elevated implied volatility, while aligning strike selection with the expected move and defined risk limits (sources: Options Clearing Corporation; Cboe Global Markets). For crypto markets, shifts in broader risk appetite tied to cyclical commodities can coincide with higher beta in digital assets; research documents stronger co-movement between traditional risk assets and crypto during risk-on phases, so monitoring copper momentum alongside BTC and ETH may help gauge cross-asset risk conditions (source: Bank for International Settlements).