123rd Trade: BUY to OPEN Five (5) Federal Express (FDX) July 50 Puts (FDX SW) @ 2.05 or better – this is a DAY ORDER
Current Price of FDX is 55.23
Current Bid/Ask on the option is 2.05 to 2.15
After your Entry, put your SELL STOP @ 1.00
Trade Type: This is a Technical Analysis Trade
Rationale: Today, FDX is trading just below 0 sigma (20 day MA).
