4500 FDX Apr21 205/210 call spreads went up in 2 blocks on the ARCA
Shares of Federal Express (FDX) are down .14 to 192.15 today.? FDX is near the upper end of the 52 week range.
- Paper traded 4500 FDX Apr21 205/210 call spreads for .90. ??
- The ADV is 13824 contracts.?
- The OI is 1058 and 10831.
The volume went up in 2 blocks on the ARCA marked spread.? The spread went up untied to stock and looks like a bullish bet on FDX through the earnings cycle.? Even if the 210s are a roll down there is still a bullish tint here.
- IV 30 is trading 27%
- HV10 is trading for 11%.?
- IV 30 is trading above the HV 10.
FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand.