Market Whales and Their Recent Bets on UAL Options

Deep-pocketed investors have adopted a bullish approach towards United Airlines Holdings UAL, 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 UAL usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for United Airlines Holdings. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 53% leaning bullish and 46% bearish. Among these notable options, 7 are puts, totaling $358,588, and 6 are calls, amounting to $275,746.

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Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $46.0 to $70.0 for United Airlines Holdings over the last 3 months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in United Airlines Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to United Airlines Holdings's substantial trades, within a strike price spectrum from $46.0 to $70.0 over the preceding 30 days.

United Airlines Holdings Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
UAL CALL SWEEP NEUTRAL 12/19/25 $5.55 $5.5 $5.5 $60.00 $90.2K 95 164
UAL PUT SWEEP BULLISH 05/17/24 $5.05 $4.95 $4.95 $50.00 $78.7K 249 159
UAL PUT SWEEP BULLISH 04/26/24 $3.65 $3.3 $3.3 $48.00 $66.0K 217 0
UAL CALL SWEEP BEARISH 06/21/24 $3.5 $3.45 $3.45 $46.00 $61.4K 1.3K 183
UAL PUT SWEEP BULLISH 04/19/24 $2.76 $2.66 $2.66 $47.50 $53.2K 632 172

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.

United Airlines Holdings's Current Market Status

  • With a trading volume of 1,560,480, the price of UAL is down by -0.35%, reaching $45.49.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 13 days from now.

Professional Analyst Ratings for United Airlines Holdings

In the last month, 1 experts released ratings on this stock with an average target price of $47.0.

  • In a cautious move, an analyst from UBS downgraded its rating to Neutral, setting a price target of $47.

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.

UAL Logo
UALUnited Airlines Holdings Inc
$82.362.50%

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