FedEx apparently disappointed. Shares are down before the open in pre-market trading. The news is being treated as not so good for the economic recovery and market futures are down as well. But the stock is not down enough to reach break even at this point. Let's see what transpires in a few minutes.
Update: 8:33 AM - Sold FedEx puts at 2.15 now waiting to see if the stock pops back a little to find the right opportunity to close out the calls.
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