FedEx FDX Stock & Option Trade Ideas

Based on the technical data for FDX, the MACD (Moving Average Convergence Divergence) indicator has been consistently below the Signal Line, indicating a bearish trend. The RSI (Relative Strength Index) has been fluctuating, but generally showing signs of bearishness as well.

Considering this bearish sentiment, potential stock or option trading strategies for FDX in the coming days could include:

Stock Trading: Short selling FDX stock to profit from a further decline in price. Traders could enter a short position with a stop-loss in place to manage risk.

Option Trading: Buying put options on FDX to benefit from a potential downward movement in the stock price. Traders could consider buying out-of-the-money put options with a suitable expiration date to allow for the anticipated price movement.

It’s important for traders to conduct their own analysis and consider other factors before making trading decisions. Risk management and setting stop-loss levels are crucial in any trading strategy.