We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for American Airlines Group. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 60% leaning bullish and 30% bearish. Among these notable options, 4 are puts, totaling $311,200, and 6 are calls, amounting to $459,400.

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 $8.0 to $13.0 for American Airlines Group over the last 3 months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for American Airlines Group options trades today is 18673.33 with a total volume of 15,993.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for American Airlines Group's big money trades within a strike price range of $8.0 to $13.0 over the last 30 days.

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

Noteworthy Options Activity:

About American Airlines Group

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.

In light of the recent options history for American Airlines Group, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is American Airlines Group Standing Right Now?

• With a volume of 19,193,647, the price of AAL is down -8.55% at $9.69.
• RSI indicators hint that the underlying stock may be oversold.
• Next earnings are expected to be released in 21 days.

What The Experts Say On American Airlines Group

5 market experts have recently issued ratings for this stock, with a consensus target price of $15.2.

Turn $1000 into $1270 in just 20 days?

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 Group, Benzinga Pro gives you real-time options trades alerts.