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...
BUY FDX/USD (Stock)mt4 or option ENTRY 1 131.50 ENTRY 2 128.10 SL 123.78 TP.1 136 TP.2 142 TP.3 146 TP.4 150 TP.5 156 Risk management fam