DailyPlay – Opening Trade & Closing Trade (FDX) – January 05, 2026

Closing Trade

• FDX – 63% gain: Buy to Close 3 Contracts (or 100% of your Contracts) Jan 30 $280/$270 Put Vertical Spreads @ $1.45 Debit. DailyPlay Portfolio:  By Closing 3 Contracts, we will be paying $435. We initially opened these 3 contracts on December 17 @ $3.88 Credit. Our gain, therefore, is $729.

FDX Bullish Opening Trade Signal

Investment Rationale

Investment Thesis
We closed a bullish credit spread to lock in gains ahead of the company’s mid-December earnings report, then initiated a new bullish credit spread in FDX. The company subsequently delivered a beat on both revenue and EPS, upside momentum continues to strengthen, and valuation remains attractive. Our current bullish credit spread in FDX is profitable, and the plan is to close the position, realize gains, and reallocate the proceeds into another bullish options strategy in FDX, following the same blueprint used in the previous trades.

Options Trade
We are selling the FDX Feb 13, 2026 290/275 put vertical for a net credit of approximately $4.72. This bullish credit spread allows us to define risk while positioning for FDX to remain above the 290 level through expiration. The trade offers a maximum reward of $4.72 against a maximum risk of $10.28, resulting in a risk/reward ratio of approximately 2.2:1 (risk to reward). We are collecting about 31.5% of the spread width in premium, providing an attractive probability-weighted setup that benefits from time decay while maintaining clearly defined downside exposure aligned with our bullish thesis.

FDX – Daily

Trade Details

Strategy Details

Strategy: Short Put Vertical Spread

Direction: Bullish Credit Spread

Details: Sell to Open 1 FDX Feb 13 $290/$275 Put Vertical Spreads @ $4.72 Credit per Contract.

Total Risk: This trade has a max risk of $1,028 (1 Contract x $1,028) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $1,028 to select the # contracts for your portfolio.

Trend Continuation Signal: This is a bullish trade on a stock that is expected to continue higher over the duration of this trade.

1M/6M Trends: Bullish/Bullish

Relative Strength: 9/10

OptionsPlay Score: 89

Stop Loss: @ $9.44 (100% loss to value of premium)

View FDX Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Friday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View FDX Trade