Bearish flow noted in Fedex with 7,150 puts trading, or 1.0x expected. Most active are 9/29 weekly 257.5 puts and 9/29 weekly 260 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 2.61, while ATM IV is up over 1 point on the day. Earnings are expected on December 19th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on FDX: