FedEx Whale Trades For February 15

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A whale with a lot of money to spend has taken a noticeably bullish stance on FedEx.

Looking at options history for FedEx FDX we detected 10 strange trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $780,556 and 5, calls, for a total amount of $258,278.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $230.0 to $260.0 for FedEx over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for FedEx's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of FedEx's whale trades within a strike price range from $230.0 to $260.0 in the last 30 days.

FedEx Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
FDX PUT TRADE BULLISH 04/14/22 $230.00 $624.2K 1.4K 615
FDX CALL SWEEP BEARISH 04/14/22 $230.00 $102.2K 171 74
FDX PUT TRADE BEARISH 04/14/22 $250.00 $71.6K 517 51
FDX CALL TRADE BEARISH 05/20/22 $260.00 $45.0K 1.7K 176
FDX CALL SWEEP BEARISH 05/20/22 $260.00 $42.0K 1.7K 86

Where Is FedEx Standing Right Now?

  • With a volume of 808,387, the price of FDX is up 1.74% at $232.43.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 30 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you are already an options trader or would like to get started, head on over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy.

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FDXFedEx Corp
$230.00-6.58%

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