FDXF Long Call Strategy
FDXF (FedEx Freight Holding Company, Inc.), in the Industrials sector, (Integrated Freight & Logistics industry), listed on NYSE.
FedEx Freight Holding Company, Inc. specializes in transporting less-than-truckload (LTL) cargo across the United States, Canada, Mexico, Puerto Rico, and the U.S. Virgin Islands. The company provides a diverse array of services, enabling customers to efficiently balance transit times with budgetary needs. Following its separation from FedEx Corporation, it now operates as an independent and publicly traded entity.
FDXF (FedEx Freight Holding Company, Inc.) trades in the Industrials sector, specifically Integrated Freight & Logistics, with a market capitalization of approximately $21.12B, a trailing P/E of 29.41, a beta of -7.34 versus the broader market, a 52-week range of 135-200, average daily share volume of 1.8M, a public-listing history dating back to 2026, approximately 40K full-time employees. These structural characteristics shape how FDXF stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of -7.34 indicates FDXF has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure.
What is a long call on FDXF?
A long call buys upside exposure with a fixed maximum loss equal to the premium paid; profit accrues if the underlying closes above the strike plus premium at expiration.
FDXF snapshot
As of August 14, 2026, spot at $150.38, ATM IV 48.40%, expected move 13.88%. The long call on FDXF below is built from the August 14, 2026 end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 35-day expiry.
Why this long call structure on FDXF specifically: IV rank is unavailable in the current snapshot, so regime-based timing for FDXF is inferred from ATM IV at 48.40% alone, with a market-implied 1-standard-deviation move of approximately 13.88% (roughly $20.87 on the underlying). The 35-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated FDXF expiries trade a higher absolute premium for lower per-day decay. Position sizing on FDXF should anchor to the underlying notional of $150.38 per share and to the trader's directional view on FDXF stock.
FDXF long call setup
The FDXF long call below is built from the August 14, 2026 end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With FDXF at $150.38 on that close, the first option leg uses a $150.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed FDXF chain at a 35-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 FDXF shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Call | $150.00 | $9.35 |
FDXF long call risk and reward
- Net Premium / Debit
- -$935.00
- Max Profit (per contract)
- Unbounded
- Max Loss (per contract)
- -$935.00
- Breakeven(s)
- $159.35
- Risk / Reward Ratio
- Unbounded
Max profit is unbounded; max loss equals the premium paid times 100. Breakeven is strike plus premium.
FDXF long call payoff curve
Modeled P&L at expiration across a range of underlying prices for the long call on FDXF. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.
| Underlying Price | % From Spot | P&L at Expiration |
|---|---|---|
| $0.01 | -100.0% | -$935.00 |
| $33.26 | -77.9% | -$935.00 |
| $66.51 | -55.8% | -$935.00 |
| $99.76 | -33.7% | -$935.00 |
| $133.00 | -11.6% | -$935.00 |
| $166.25 | +10.6% | +$690.37 |
| $199.50 | +32.7% | +$4,015.25 |
| $232.75 | +54.8% | +$7,340.12 |
| $266.00 | +76.9% | +$10,664.99 |
| $299.25 | +99.0% | +$13,989.87 |
When traders use long call on FDXF
Long calls on FDXF express a bullish thesis with defined risk; traders use them ahead of FDXF catalysts (earnings, product launches, macro events) when the expected upside justifies the premium and theta decay.
FDXF thesis for this long call
The market-implied 1-standard-deviation range for FDXF extends from approximately $129.51 on the downside to $171.25 on the upside. A FDXF long call expresses a directional view that the underlying closes above the strike plus premium at expiration, ideally with implied volatility holding or expanding to preserve extrinsic value through the hold period. As a Industrials name, FDXF options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to FDXF-specific events.
FDXF long call positions are structurally bullish; the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. FDXF positions also carry Industrials sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move FDXF alongside the broader basket even when FDXF-specific fundamentals are unchanged. Long-premium structures like a long call on FDXF are particularly exposed to IV-crush risk through scheduled events (earnings, FDA decisions, central-bank meetings) where IV typically contracts post-event regardless of the directional outcome. Always rebuild the position from current FDXF chain quotes before placing a trade.
Frequently asked questions
- What is a long call on FDXF?
- A long call on FDXF is the long call strategy applied to FDXF (stock). The strategy is structurally bullish: A long call buys upside exposure with a fixed maximum loss equal to the premium paid; profit accrues if the underlying closes above the strike plus premium at expiration. With FDXF stock at $150.38 on the August 14, 2026 close, the strikes shown on this page are snapped to the nearest listed FDXF chain strike and the premiums come straight from that session's bid/ask midpoint.
- How are FDXF long call max profit and max loss calculated?
- Max profit is unbounded; max loss equals the premium paid times 100. Breakeven is strike plus premium. For the FDXF long call priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 48.40%), the computed maximum profit is unbounded per contract and the computed maximum loss is -$935.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a FDXF long call?
- The breakeven for the FDXF long call priced on this page is roughly $159.35 at expiration, derived from the August 14, 2026 end-of-day chain's premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The FDXF market-implied 1-standard-deviation expected move in the same options snapshot is approximately 13.88%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a long call on FDXF?
- Long calls on FDXF express a bullish thesis with defined risk; traders use them ahead of FDXF catalysts (earnings, product launches, macro events) when the expected upside justifies the premium and theta decay.
- How does current FDXF implied volatility affect this long call?
- Current FDXF ATM IV is 48.40%; IV rank context is unavailable in the current snapshot.