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FedEx Stock Is Likely to Move Lower — Use This Trading Strategy to Profit

FedEx (FDX) has been trading since early May in a narrow consolidation range between $157.50 and $167.50, or 10 points. For many traders, range-bound trading means there's nothing to do but sit around and wait. But for options traders, this 10-point trading range presents exceptional opportunities. That's because options can allow you to employ profitable trading strategies during consolidations that are even safer than those used during strong bullish or bearish trends. At the moment, FedEx is trading at the top of the...