FedEx Unusual Options Activity For August 01
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for FedEx (NYSE:FDX), with a bearish stance being taken by a whale investor. Of the 19 strange trades detected, 47% were bullish and 52% were bearish. The total amount for puts was $365,723 and for calls was $896,100. The targeted price range for FedEx over the last 3 months has been from $190.0 to $310.0. The current price of FDX is down -0.71% at $268.03.
August 04, 2023 | 10:16 am
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FedEx has seen unusual options activity with a bearish stance taken by a whale investor. The targeted price range for FedEx over the last 3 months has been from $190.0 to $310.0. The current price of FDX is down -0.71% at $268.03.
The bearish stance taken by a whale investor indicates a negative sentiment towards FedEx. This, combined with the current price drop of -0.71%, suggests a potential short-term negative impact on the stock price.
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