Looking at the FDX FedEx Corporation options chain, i would buy the $125 strike price Puts with
2023-6-16 expiration date for about
$8.12 premium.
Looking forward to read your opinion about it.
FedEx (FDX) quarterly earnings of $4.59 per share VS Zacks Consensus Estimate of $4.69 per share.
Revenues of $23.64 billion, surpassing the Zacks Consensus Estimate by 0.30%.
My buy area is around the $180 support.
Looking forward to read your opinion about it.
FEDEX is primed for a breakout this week. Will be paying close attention to XLI & UPS. FDX has had a 10% move the last 2 times UPS reported earnings. I don't expect 10% again but I wouldn't rule it out either. 10% puts FDX around $326. Symmetrical triangle has formed and ready for a move to the upside. Looking at playing the 8/6 $300 call options. Sympathy plays...
