FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $230.00 short put and a strike $210.00 long put offers a potential 12.8% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $230.00 by expiration. The full premium credit of $2.27 would be kept by the premium seller. The risk of $17.73 would be incurred if the stock dropped below the $210.00 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 at 61.81 level which suggests that the stock is neither overbought nor oversold at this time.
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
LATEST NEWS for FedEx
Why Is FedEx (FDX) Down 10.5% Since its Last Earnings Report?
Thu, 19 Jul 2018 13:34:01 +0000
FedEx (FDX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
UPS In, FedEx Out For UBS
Wed, 18 Jul 2018 11:35:00 +0000
Investing.com – UBS has upgraded UPS and downgraded FedEx (NYSE:FDX).
Is Amazon's Latest Move Going to Crush UPS and FedEx?
Wed, 18 Jul 2018 10:58:00 +0000
The e-commerce giant threatens to disrupt many industries, but here's what may be behind its latest move.
UPS Pilots Keyless Deliveries In New York City
Tue, 17 Jul 2018 20:44:30 +0000
In an effort to remain ahead of competitors like FedEx Corporation (NYSE: FDX) and Amazon.com, Inc. (NASDAQ: AMZN), UPS said it will team up with smart access company Latch to design a new keyless entry protocol for drivers in New York City.
UPS expanding partnership for 'smart access' in NYC
Tue, 17 Jul 2018 19:09:11 +0000
UPS is expanding its pilot project with Latch smart access devices to enable in-building deliveries to multi-unit homes in New York City.
Related Posts
Also on Market Tamer…
Follow Us on Facebook