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Looking At FedEx's Recent Unusual Options Activity

Benzinga ·  Jul 9 11:46

Whales with a lot of money to spend have taken a noticeably bearish stance onFedEx.

Looking at options history for FedEx (NYSE:FDX) we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 62% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $135,050 and 4, calls, for a total amount of $161,905.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $250.0 to $310.0 for FedEx over...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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