What the Options Market Tells Us About FedEx - FedEx (NYSE:FDX)

Benzinga's options scanner just detected over 8 options trades for FedEx (NYSE:FDX) summing a total amount of $321,952.

At the same time, our algo caught 4 for a total amount of 224,612.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $185.0 to $250.0 for FedEx during the past quarter.

Volume & Open Interest Trends

In today's trading context, the average open interest for options of FedEx stands at 532.88, with a total volume reaching 797.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in FedEx, situated within the strike price corridor from $185.0 to $250.0, throughout the last 30 days.

FedEx 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
FDX	PUT	SWEEP	BULLISH	05/16/25	$12.2	$11.0	$11.0	$240.00	$110.0K	54	100
FDX	CALL	TRADE	BULLISH	04/11/25	$11.0	$8.6	$11.0	$230.00	$44.0K	58	41
FDX	PUT	SWEEP	BULLISH	03/28/25	$3.7	$3.6	$3.6	$240.00	$41.0K	162	254
FDX	PUT	SWEEP	BULLISH	04/17/25	$6.4	$6.3	$6.3	$240.00	$40.9K	887	151
FDX	CALL	TRADE	NEUTRAL	03/28/25	$13.65	$12.25	$12.95	$225.00	$40.1K	267	72

About FedEx

FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder came from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.

Present Market Standing of FedEx

Currently trading with a volume of 535,387, the FDX's price is up by 3.32%, now at $237.97.
RSI readings suggest the stock is currently may be approaching oversold.
Anticipated earnings release is in 92 days.

Expert Opinions on FedEx

In the last month, 5 experts released ratings on this stock with an average target price of $295.6.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from BMO Capital persists with their Market Perform rating on FedEx, maintaining a target price of $275. * An analyst from Stephens & Co. has decided to maintain their Overweight rating on FedEx, which currently sits at a price target of $300. * An analyst from Truist Securities downgraded its action to Buy with a price target of $305. * An analyst from JP Morgan has decided to maintain their Overweight rating on FedEx, which currently sits at a price target of $323. * In a positive move, an analyst from Jefferies has upgraded their rating to Buy and adjusted the price target to $275.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest FedEx options trades with real-time alerts from Benzinga Pro.

FDXFedEx Corp

$313.00-0.11%

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