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FedEx Options Trading: A Deep Dive Into Market Sentiment

Benzinga ·  Jun 18 02:01

Deep-pocketed investors have adopted a bearish approach towards FedEx (NYSE:FDX), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in FDX usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 24 extraordinary options activities for FedEx. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 45% leaning bullish and 50% bearish. Among these...

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