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dzonefx
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Number of messages : 582
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Date of Entry : 2013-01-29
Year : 47
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FedEx Corporation (FDX)

on Thu Jan 26, 2017 6:46 pm
FedEx Corporation (FDX), $192.37
01.26.2017

Daily Chart


Trade:  Over $192.80, we recommend selling 10 Feb 185/175 bull put spread (22 DTE) for a net credit of $800 or better (current mid-point is $.84/share).
Strategy:   Bullish consolidation from Bullish Wide Range Bar (+WRB) Igniting breakout from consolidation.

Max Gain:  Premium received.
ROI:  8.7%, with 4.2% cushion to break even of $184.20.

Max Loss:  Cost basis of $184.20 if assigned.
Stop Loss:  $184.78

source: mastertrader
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