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On
CNBC's Options Action, Mike Khouw said the options trading volume in
United Parcel Service, Inc.UPS was 1.5 times higher than the average daily options trading volume. He has also noticed increased options activity in
FedEx CorporationFDX.
Kouw added that traders were buying the April 100 calls in
UPS and they were paying $3.40 for them. The breakeven for the trade is $103.40 or 5.6 percent higher.
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