Bullish option flow detected in Fedex with 14,413 calls trading, 1.6x expected, and implied vol increasing over 2 points to 26.04%. Jan-24 280 calls and Oct-23 240 puts are the most active options, with total volume in those strikes near 10,900 contracts. The Put/Call Ratio is 0.32. Earnings are expected on December 19th.
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