If you haven`t bought FDX calls ahead of the previous earnings:
Now analyzing the options chain and the chart patterns of FDX FedEx Corporation prior to the earnings report this week, I would consider purchasing the 260usd strike price Calls with an expiration date of 2024-12-20, for a premium of approximately $19.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade chiuso: obiettivo raggiunto
FDX traded at $302.41 after earnings, and the calls went up from $19.30 (when I wrote this article) to $51.40 at the close on friday (higher intraday), for a decent 2.66X gain!
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