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.
FDX has shown a solid pattern on the uptrend for the last month or so, and is currently within reach of ATH. Shipping is getting more expensive, and FDX is in the process of a share buyback program. I can see this going to 285 or so, top of 300.
NFA
The Chart: If price can break this down trendline I am looking for the stock to move higher back into the range. Looking for the opposite of the downward reversal back on December 8.
The Narrative: Despite the reopening online sales will continue to grow. Although Amazon is increasing becoming a competitor, the shipping market is largely a duopoly and as the...
