FDX FedEx Corporation Options Ahead of Earnings

If you haven`t bought FDX ahead of the previous earnings:

Then analyzing the options chain and the chart patterns of FDX FedEx Corporation prior to the earnings report this week,
I would consider purchasing the 250usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $16.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Transakcja zamknięta: osiągnięto wyznaczony cel:

FDX traded at $291.27 after earnings, and the Calls went up from $16.50 (when I wrote this article) to $39.90 at the close on friday (even higher intraday), for about 2.40X gain!
Congrats to those who bought the calls!