FedEx's most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 10.38% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $0.94 would be kept by the premium seller. The risk of $9.06 would be incurred if the stock dropped below the $120.00 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 57.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for FedEx
December 27th Options Now Available For FedEx (FDX)
Thu, 21 Nov 2013 15:51:00 GMT
Forbes – Investors in FedEx Corp (NYSE: FDX) saw new options begin trading today, for the December 27th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the FDX options chain for the new December 27th contracts and identified one put and one call contract of particular interest. The […]
FedEx Canada supports free trade deal with EU
Thu, 21 Nov 2013 13:49:24 GMT
theflyonthewall.com – FedEx Canada supports free trade deal with EU
FedEx Express Canada Supports Free Trade Deal with EU
Thu, 21 Nov 2013 13:45:39 GMT
Marketwired – FedEx Express Canada, a subsidiary of FedEx Corp. , supports the Government of Canada's intent to ratify a free trade agreement with the European Union, the representative body of the largest economic …
Louisville Airport October Cargo Statistics Summary
Thu, 21 Nov 2013 09:18:57 GMT
Bloomberg – The following table shows cargo volumes at Louisville International Airport for October from data provided by the Louisville Regional Airport Authority.
FedEx, Direct Relief, and Heart to Heart International Team Up to …
Wed, 20 Nov 2013 16:24:07 GMT
noodls – November 20 2013 MEMPHIS, Tenn., November 20, 2013 – FedEx Corp. (NYSE: FDX), Direct Relief and Heart to Heart International have teamed up to deliver more than $10 million worth of relief aid and medical …
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