FDX options flow: unusual options activity in FedEx Corp.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 97 unusual options prints in FedEx Corp. (FDX), $5.6M of tracked premium, leaning bearish. Bullish premium was $2.0M against $2.7M bearish; $3.9M went into calls and $1.7M into puts, a put call ratio of 0.44. The largest print was $387K of FDX 15 Jan 2027 $260 puts on 23 September 2026, swept below bid. The last session with prints, 25 September 2026, added 10 prints and $555K of premium. FDX closed at $285.85 on 25 September 2026, up 2.3%.
This week's unusual flow
Prints from 21 September 2026 to 25 September 2026, 5 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 23 Sep 2026 | FDX 15 Jan 2027 $260 puts | Sweep | 561 | 99 | $387K | Below bid | Bullish | Whale |
| 21 Sep 2026 | FDX 18 Dec 2026 $300 puts | Sweep | 174 | 154 | $365K | At ask | Bearish | High conviction |
| 24 Sep 2026 | FDX 17 Jun 2027 $300 calls | Trade | 82 | 80 | $225K | At ask | Bullish | High conviction |
| 24 Sep 2026 | FDX 18 Dec 2026 $310 calls | Sweep | 191 | 75 | $147K | At ask | Bullish | High conviction |
| 21 Sep 2026 | FDX 30 Oct 2026 $265 calls | Sweep | 32 | 0 | $117K | At bid | Bearish | High conviction |
| 23 Sep 2026 | FDX 17 Sep 2027 $200 calls | Trade | 10 | 0 | $106K | At bid | Bearish | Notable |
| 25 Sep 2026 | FDX 20 Nov 2026 $330 puts | Trade | 20 | 0 | $100K | At ask | Bearish | Notable |
| 23 Sep 2026 | FDX 21 Jan 2028 $330 calls | Sweep | 28 | 20 | $96K | At ask | Bullish | High conviction |
| 23 Sep 2026 | FDX 21 Jan 2028 $330 calls | Sweep | 26 | 20 | $89K | At ask | Bullish | High conviction |
| 23 Sep 2026 | FDX 21 Jan 2028 $330 calls | Sweep | 25 | 20 | $88K | At ask | Neutral | Notable |
| 23 Sep 2026 | FDX 21 Jan 2028 $330 calls | Sweep | 25 | 20 | $86K | At bid | Bearish | High conviction |
| 23 Sep 2026 | FDX 21 Jan 2028 $330 calls | Sweep | 25 | 20 | $86K | At ask | Bullish | High conviction |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 21 Jan 2028 | 48 | $2.3M | 98% | -$524K |
| 18 Dec 2026 | 9 | $816K | 39% | -$298K |
| 15 Jan 2027 | 7 | $652K | 41% | +$340K |
| 20 Nov 2026 | 5 | $268K | 16% | -$142K |
| 19 Mar 2027 | 8 | $257K | 77% | +$47K |
| 17 Jun 2027 | 1 | $225K | 100% | +$225K |
The most premium, $2.3M, is aimed at the 21 Jan 2028 expiry; the nearest expiry with unusual prints is 20 Nov 2026.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 25 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | FDX 20 Nov 2026 $330 puts | Trade | 20 | 0 | $100K | At ask | Bearish | Notable |
| 25 Sep 2026 | FDX 9 Oct 2026 $300 puts | Trade | 50 | 24 | $80K | At ask | Neutral | |
| 25 Sep 2026 | FDX 2 Oct 2026 $285 calls | Sweep | 165 | 51 | $69K | At ask | Bullish | High conviction |
| 25 Sep 2026 | FDX 20 Nov 2026 $310 puts | Trade | 20 | 22 | $59K | At ask | Bearish | |
| 25 Sep 2026 | FDX 18 Dec 2026 $250 calls | Trade | 12 | 27 | $50K | At ask | Bullish |
Every print in FDX with its full detail, the live tape, one tap filters and saved screeners: open FDX in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open FDX in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 14 firms, have a median of $370, 29.4% above the last close.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About FedEx Corp.
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Transportation
- Headquarters
- Memphis, Tennessee
- Website
- fedex.com
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services. FedEx Ground segment provides day-certain delivery services to businesses and residences. FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection.
In the same sector
Flow pages for other Industrials names in the S&P 500:
CAT Caterpillar Inc.GE General Electric Co.GEV GE Vernova Inc.RTX RTX Corp.DE Deere & Co.ETN Eaton Corp. plcUNP Union Pacific Corp.BA Boeing Co.
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for FDX with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open FDX in Options Sentiment Screener