A whale with a lot of money to spend has taken a noticeably bearish stance on FedEx.
Looking at options history for FedEx (NYSE:FDX) we detected 12 strange trades.
U.S. stocks settled lower after a volatile session on Tuesday amid increasing tensions between the US and China following House speaker Nancy Pelosi's visit to Taiwan.
All the three major indices settled in the red zone, with the blue-chip Dow Jones recording the worst performance.