Spotlight on American Airlines Gr: Analyzing the Surge in Options Activity

Investors with a lot of money to spend have taken a bearish stance on American Airlines Gr AAL.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AAL, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 13 uncommon options trades for American Airlines Gr.

This isn't normal.

The overall sentiment of these big-money traders is split between 30% bullish and 53%, bearish.

Out of all of the special options we uncovered, 7 are puts, for a total amount of $1,154,790, and 6 are calls, for a total amount of $363,035.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $8.0 and $15.0 for American Airlines Gr, spanning the last three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for American Airlines Gr's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of American Airlines Gr's whale trades within a strike price range from $8.0 to $15.0 in the last 30 days.

American Airlines Gr 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
AAL PUT TRADE BEARISH 06/18/26 $1.68 $0.0 $1.35 $10.00 $607.5K 14.7K 4.5K
AAL PUT TRADE BULLISH 11/15/24 $0.84 $0.82 $0.82 $11.00 $328.0K 9.4K 4.1K
AAL CALL SWEEP BULLISH 12/18/26 $5.3 $5.2 $5.3 $8.00 $98.5K 63 187
AAL CALL SWEEP BEARISH 01/17/25 $0.51 $0.5 $0.5 $15.00 $87.6K 33.7K 781
AAL CALL TRADE NEUTRAL 06/21/24 $0.42 $0.4 $0.41 $11.50 $82.0K 4.3K 2.6K

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.

Having examined the options trading patterns of American Airlines Gr, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Current Position of American Airlines Gr

  • Currently trading with a volume of 38,484,729, the AAL's price is down by -0.17%, now at $11.51.
  • RSI readings suggest the stock is currently may be oversold.
  • Anticipated earnings release is in 44 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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Posted In: OptionsMarketsBZI-UOA
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