Market Whales and Their Recent Bets on AAL Options

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Deep-pocketed investors have adopted a bearish approach towards American Airlines Gr AAL, and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in AAL usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga’s options scanner highlighted 24 extraordinary options activities for American Airlines Gr. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 25% leaning bullish and 70% bearish. Among these notable options, 9 are puts, totaling $1,936,733, and 15 are calls, amounting to $706,791.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $2.5 to $13.0 for American Airlines Gr during the past quarter.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for American Airlines Gr’s options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across American Airlines Gr’s significant trades, within a strike price range of $2.5 to $13.0, over the past month.

American Airlines Gr Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
AAL PUT TRADE BEARISH 06/21/24 $1.71 $1.61 $1.68 $13.00 $840.0K 91.8K 180
AAL PUT TRADE BEARISH 12/19/25 $1.21 $1.11 $1.2 $10.00 $600.0K 39.7K 1
AAL CALL SWEEP BEARISH 08/16/24 $0.55 $0.53 $0.53 $12.00 $198.6K 16.2K 3.7K
AAL PUT TRADE BULLISH 07/19/24 $0.33 $0.32 $0.32 $11.00 $160.0K 26.6K 462
AAL PUT SWEEP BEARISH 06/18/26 $0.87 $0.77 $0.87 $8.00 $80.3K 8.6K 20

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.

After a thorough review of the options trading surrounding American Airlines Gr, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is American Airlines Gr Standing Right Now?

  • Trading volume stands at 24,910,662, with AAL’s price down by -1.65%, positioned at $11.3.
  • RSI indicators show the stock to be may be oversold.
  • Earnings announcement expected in 37 days.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest American Airlines Gr options trades with real-time alerts from Benzinga Pro.

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