Investors with a lot of money to spend have taken a bullish stance on United Airlines Holdings (NASDAQ:UAL).

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 UAL, 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 96 uncommon options trades for United Airlines Holdings.

This isn't normal.

The overall sentiment of these big-money traders is split between 39% bullish and 33%, bearish.

Out of all of the special options we uncovered, 2 are puts, for a total amount of $94,810, and 94 are calls, for a total amount of $6,180,255.

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 $20.0 to $105.0 for United Airlines Holdings over the last 3 months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for United Airlines Holdings options trades today is 369.75 with a total volume of 15,094.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for United Airlines Holdings's big money trades within a strike price range of $20.0 to $105.0 over the last 30 days.

United Airlines Holdings Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

About United Airlines Holdings

Chicago-based United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel, especially across the Pacific, than its large US peers.

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

United Airlines Holdings's Current Market Status

• With a trading volume of 1,531,274, the price of UAL is up by 0.76%, reaching $104.41.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 76 days from now.

What The Experts Say On United Airlines Holdings

5 market experts have recently issued ratings for this stock, with a consensus target price of $140.4.

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.