Whales with a lot of money to spend have taken a noticeably bullish stance on American Airlines Gr.
Looking at options history for American Airlines Gr (NASDAQ:AAL) we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 12% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $1,076,222 and 5, calls, for a total amount of $369,821.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $5.0 to $20.0 for American Airlines Gr over the last 3 months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for American Airlines Gr options trades today is 35084.71 with a total volume of 170,694.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for American Airlines Gr's big money trades within a strike price range of $5.0 to $20.0 over the last 30 days.
American Airlines Gr 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
AAL | PUT | TRADE | BULLISH | 12/19/25 | $0.08 | $0.07 | $0.07 | $5.00 | $518.0K | 189.3K | 82.7K |
AAL | PUT | TRADE | BULLISH | 12/19/25 | $0.09 | $0.07 | $0.07 | $5.00 | $517.9K | 189.3K | 82.7K |
AAL | CALL | SWEEP | BULLISH | 07/18/25 | $6.1 | $6.0 | $6.08 | $12.00 | $104.3K | 9.3K | 220 |
AAL | CALL | SWEEP | BULLISH | 03/21/25 | $0.77 | $0.7 | $0.77 | $20.00 | $77.1K | 3.0K | 1.0K |
AAL | CALL | SWEEP | BULLISH | 12/20/24 | $0.41 | $0.37 | $0.41 | $17.50 | $76.6K | 1.9K | 2.2K |
About American Airlines Gr
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major US hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of US airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of US legacy carriers.
American Airlines Gr's Current Market Status Trading volume stands at 11,192,406, with AAL's price down by -0.72%, positioned at $17.27. RSI indicators show the stock to be may be overbought. Earnings announcement expected in 45 days. Expert Opinions on American Airlines Gr
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $17.6.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Reflecting concerns, an analyst from Goldman Sachs lowers its rating to Neutral with a new price target of $15. * Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for American Airlines Gr, targeting a price of $18. * Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for American Airlines Gr, targeting a price of $19. * An analyst from Barclays has elevated its stance to Equal-Weight, setting a new price target at $16. * In a positive move, an analyst from Scotiabank has upgraded their rating to Buy and adjusted the price target to $20.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for American Airlines Gr, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.