Brian Stutland's FedEx Corporation (FDX) Trade

On CNBC's Options Action, Brian Stutland suggested to the viewers of the show an options strategy in FedEx Corporation FDX. He thinks that investors should use options to make a bullish bet on the stock that is already trading near its 52-week high. He would buy the April 100 calls for $2.25, and sell the April 85 put for $2.35. This trade would allow you to collect a premium of $0.10, and you would also be able to participate on the upside if FedEx (FDX) continues to move higher. Brian Stutland believes that Warren Buffett methodology of investing will be a great way to invest in 2011. He sees a lot of potential in the big cap stocks. FedEx (FDX) fell 0.82% on Thursday, and closed at $93.10.
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Posted In: CNBCLong IdeasFast MoneyOptionsMediaTrading IdeasAir Freight & LogisticsBrian StutlandIndustrialsOptions Action
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