FDX Put Spread
Updated
Shorting FDX after earnings was poorly received. Guidance issues for investors.
$147/140 Put Spread 7 point spread
Cost was $2.53 Target is $2.24/$4.77 at exit.
Max loss is $1.90 to take loss in week before position expiry if I am completely wrong about my position.
S/R Breakdown.
$147/140 Put Spread 7 point spread
Cost was $2.53 Target is $2.24/$4.77 at exit.
Max loss is $1.90 to take loss in week before position expiry if I am completely wrong about my position.
S/R Breakdown.
Trade closed manually
$20 loss. I don't think this will go any lowerDisclaimer
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