FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $232.50 short put and a strike $227.50 long put offers a potential 41.24% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $232.50 by expiration. The full premium credit of $1.46 would be kept by the premium seller. The risk of $3.54 would be incurred if the stock dropped below the $227.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for FedEx is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for FedEx is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
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Fri, 29 Oct 2021 09:47:28 +0000
Numerous retailers are setting earlier deadlines for merchandise ordered online to reach customers’ homes before Christmas. Frères Branchiaux Candle Co co-founder Celena Gill designated Nov. 30 as the last day for customers to place their orders if they want scented soy candles to arrive before Christmas. “We have already seen a delay in shipping this month and we anticipate that it will be worse as we near Christmas day,” Gill said.
CORRECTED-Retailers reel in delivery deadlines to get Christmas gifts to shoppers on time
Fri, 29 Oct 2021 09:00:00 +0000
Numerous retailers are setting earlier deadlines for merchandise ordered online to reach customers’ homes before Christmas. Frères Branchiaux Candle Co co-founder Celena Gill designated Nov. 30 as the last day for customers to place their orders if they want scented soy candles to arrive before Christmas. “We have already seen a delay in shipping this month and we anticipate that it will be worse as we near Christmas day,” Gill said.
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