FedEx Unusual Options Activity
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown unusual bearish options activity on FedEx (NYSE:FDX), with 69% of trades being bearish. This suggests potential insider information influencing these trades. The trading activity indicates a price range of $280 to $310 for FedEx over the next three months.
August 19, 2024 | 7:45 pm
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Unusual options activity on FedEx shows a bearish sentiment with 69% of trades being bearish. This could indicate insider information affecting the stock, with a predicted price range of $280 to $310.
The significant bearish options activity suggests that investors might have insider information, which could negatively impact FedEx's stock price in the short term. The predicted price range of $280 to $310 indicates potential volatility.
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IMPORTANCE 80
RELEVANCE 100