DailyPlay – Opening Trade (FDX) & Closing Trade (LMT) – November 25, 2025

Closing Trade

• LMT – 110% loss: Buy to Close 2 Contracts (or 100% of your Contracts) Dec 05 $485/$470 Put Vertical Spreads @ $14.10 Debit. DailyPlay Portfolio:  By Closing 2 Contracts, we will be paying $2,820. We initially opened these 2 contracts on October 28 @ $6.70 Credit. Our loss, therefore, is $740 per contract.

FDX Bullish Opening Trade Signal

Investment Rationale

Investment Thesis
FedEx (FDX) continues to demonstrate improving momentum supported by stabilizing demand trends and favorable sector dynamics. With shares breaking out and sentiment strengthening, the stock appears positioned for continued appreciation into 2025. The combination of modest valuation, steady forward growth expectations, and firm price action supports a bullish directional view with a preference for strategies that take advantage of elevated premium levels and defined risk.

Technical Analysis
After FDX broke above the key $250 resistance area at the beginning of November, the stock has built strong upside momentum. The 50-day moving average has crossed above the 200-day (a golden cross), and the stock is now trading above the 20-, 50-, and 200-day moving averages, signaling a healthy uptrend with broad participation.

Fundamental Analysis
FDX trades at a discount to peers despite maintaining growth and profitability metrics that largely align with industry norms. While margins remain below peak levels, the company has made visible progress in cost efficiency, creating a path for improved operating performance if volume trends continue to recover. This valuation gap offers potential for multiple expansion should execution stay on track.

• Forward PE Ratio: 14.90x vs. Industry Median 18.87x
• Expected EPS Growth: 9.27% vs. Industry Median 10.85%
• Expected Revenue Growth: 4.02% vs. Industry Median 4.05%
• Net Margins: 4.65% vs. Industry Median 5.20%

Options Trade
To express a bullish view with defined risk, consider selling the Jan 2, 2026 265/255 put vertical for a credit of approximately $4.07. This spread brings in $4.07 in premium against a maximum potential loss of $5.93, resulting in a solid risk-reward ratio of roughly 1.46:1 for a neutral-to-bullish trade. The position benefits from FDX remaining above $265 at expiration, with exposure limited and defined.

FDX – Daily

Trade Details

Strategy Details

Strategy: Short Put Vertical Spread

Direction: Bullish Credit Spread

Details: Sell to Open 3 FDX Jan 02 $265/$255 Put Vertical Spreads @ $4.07 Credit per Contract.

Total Risk: This trade has a max risk of $1,779 (3 Contracts x $593) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $593 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: 93

Stop Loss: @ $8.14 (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 Monday’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