An options strategy to play a potential rebound in this beaten down delivery giant

For this trade, I’m taking a contrarian stance on this beaten-down name, especially as the technical charts start to hint at a possible bounce.

Oil prices add to gains after Israel hits Iran energy facilities; stocks taking turmoil in stride June 15, 2025
Oil futures jumped as the market reopened Sunday night, building on last week’s surge after Israel attacked Iranian energy facilities over the weekend and underlining fears around potential disruption to Middle Eastern crude flows.
William Watts
My husband is in hospice care. Friends say his children are lining up for his money. What can I do? June 15, 2025
“None of the kids have ever helped with any of his care — and his health has been very poor for the last five years.”
Quentin Fottrell
My son, 39, will be released from prison in 2030. Do I leave him my $100K life insurance? June 15, 2025
“I am concerned about leaving a large sum of cash to a drug user.”
Quentin Fottrell
My friend asked me to join her in a political protest. I’m worried about my job. Is it OK to say no? June 15, 2025
“Some of our firm’s clients have a political and economic stake in the issues raised by my friend.”
Quentin Fottrell
Hate paying so much for car insurance? Now is the time to switch. June 15, 2025
More people may be able to find a lower premium today than a year ago. Here’s how to do it.
Andrew Keshner
GOP megabill looks set to end the $600 tax-reporting rule for Venmo, PayPal payments June 15, 2025
The version of the Republican megabill passed by the House last month includes a provision that ends an effort to get 1099-K tax forms out to workers or sellers who have earned more than $600 a year.
Victor Reklaitis
Why this week’s Fed meeting likely won’t help stocks break out to new highs June 15, 2025
Investors are heading into the coming week’s two-day Federal Reserve meeting facing a wide band of uncertainty around the path ahead for the U.S. economy, inflation, and interest rates — which has the potential to keep stocks rangebound, make them more volatile, or both through the end of the year.
Vivien Lou Chen
From Walmart to car washes, American companies are getting caught up in ICE raids and protests June 15, 2025
‘Employees are in fear’: Some workers are staying home and more brands could face boycott campaigns that have become a staple in the fight over social-justice issues
Bill Peters
Americans spend $10 billion more on Mother’s Day than Father’s Day. What’s going on? June 15, 2025
When it comes to honoring our parents on their special days, dads appear to be the big loser. Here’s why we cheap out on Father’s Day.
Charles Passy
Three reasons that bitcoin in your 401(k) is still a terrible idea June 15, 2025
What is the Labor Department thinking?
Alicia H. Munnell