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).