FDX FedEx Corporation Options Ahead of Earnings

Jun 22, 2024

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.

Jun 30, 2024

Trade closed: target reached

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!