Shorting FDX after earnings was poorly received. Guidance issues for investors.
$147/140 Put Spread 7 point spread
Cost was $2.53 Target is $2.24/$4.77 at exit.
Max loss is $1.90 to take loss in week before position expiry if I am completely wrong about my position.
S/R Breakdown.
$147/140 Put Spread 7 point spread
Cost was $2.53 Target is $2.24/$4.77 at exit.
Max loss is $1.90 to take loss in week before position expiry if I am completely wrong about my position.
S/R Breakdown.
Trade closed manually
$20 loss. I don't think this will go any lower
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.