FedEx Promotes Raj Subramaniam To Succeed Frederick Smith As CEO


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


  • FedEx Corp (NYSE:FDX) has promoted its President and Chief Operating Officer (COO), Raj Subramaniam, to Chief Executive Officer (CEO) and President, effective June 1, 2022.
  • The company's Chairman and CEO, Frederick W. Smith, will become Executive Chairman, effective the same date.
  • Subramaniam has been named President and CEO-elect of FedEx, effective immediately. Subramaniam, who was elected to the FedEx Board in 2020, will maintain his seat on the Board.
  • Smith and Subramaniam will both report directly to the Board, and the COO position will not be backfilled.
  • Subramaniam joined FedEx in 1991 and has served in many executive roles over the years, including CEO of FedEx Express.
  • Price Action: FDX shares closed higher by 1.54% at $230.05 on Monday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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