Check Out What Whales Are Doing With FDX
Portfolio Pulse from Benzinga Insights
Recent options trading activity for FedEx (NYSE:FDX) shows a bearish stance by whales, with 53% of trades being bearish and 47% bullish. The trades focus on a price range of $220.0 to $280.0 for FedEx. Notable options activity includes both bullish and bearish sentiments, with significant trades made for both puts and calls. FedEx's current stock price is $242.75, showing a slight increase of 0.41%, and the next earnings report is due in 34 days. The company, a leader in express package delivery, reported its fiscal 2023 earnings with major revenue contributions from its express, ground, and freight divisions.
February 09, 2024 | 4:00 pm
News sentiment analysis
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NEUTRAL IMPACT
Recent options trading activity indicates a bearish sentiment among whales for FedEx, with a focus on a price range of $220.0 to $280.0. The stock price has seen a slight increase of 0.41%, currently at $242.75, with the next earnings report due in 34 days.
The mixed sentiment in options trading (53% bearish vs. 47% bullish) suggests uncertainty, but the slight increase in stock price and the upcoming earnings report could influence short-term performance. The bearish stance among whales might put downward pressure on the stock, but the overall impact is considered neutral due to the current stock price stability and the anticipation of the earnings report.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100