Financial giants have made a conspicuous bearish move on United Airlines Holdings. Our analysis of options history for United Airlines Holdings UAL revealed 20 unusual trades.
Delving into the details, we found 40% of traders were bullish, while 60% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $1,142,665, and 11 were calls, valued at $418,850.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $28.0 to $57.5 for United Airlines Holdings over the recent three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of United Airlines Holdings stands at 3589.0, with a total volume reaching 10,763.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in United Airlines Holdings, situated within the strike price corridor from $28.0 to $57.5, throughout the last 30 days.
United Airlines Holdings Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| UAL | PUT | TRADE | NEUTRAL | 03/15/24 | $44.00 | $284.0K | 3.6K | 1.0K |
| UAL | PUT | TRADE | BEARISH | 06/21/24 | $45.00 | $247.5K | 5.5K | 519 |
| UAL | PUT | SWEEP | BULLISH | 08/16/24 | $49.00 | $188.3K | 57 | 0 |
| UAL | PUT | SWEEP | BULLISH | 06/21/24 | $44.00 | $134.2K | 1.2K | 508 |
| UAL | PUT | SWEEP | BULLISH | 01/16/26 | $47.00 | $93.1K | 266 | 96 |
About United Airlines Holdings
United Airlines is a major U.S. network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large U.S. peers.
After a thorough review of the options trading surrounding United Airlines Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of United Airlines Holdings
- Trading volume stands at 8,239,653, with UAL's price down by -0.91%, positioned at $42.5.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 35 days.
Professional Analyst Ratings for United Airlines Holdings
1 market experts have recently issued ratings for this stock, with a consensus target price of $50.0.
- In a cautious move, an analyst from Redburn Atlantic downgraded its rating to Neutral, setting a price target of $50.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for United Airlines Holdings with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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