American Airlines Group's Options Frenzy: What You Need to Know

Investors with a lot of money to spend have taken a bearish stance on American Airlines Group 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 9 uncommon options trades for American Airlines Group.

This isn't normal.

The overall sentiment of these big-money traders is split between 44% bullish and 55%, bearish.

Out of all of the special options we uncovered, 7 are puts, for a total amount of $1,828,926, and 2 are calls, for a total amount of $152,020.

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Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $12.0 to $15.0 for American Airlines Group over the recent three months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of American Airlines Group stands at 23204.0, with a total volume reaching 21,534.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in American Airlines Group, situated within the strike price corridor from $12.0 to $15.0, throughout the last 30 days.

American Airlines Group Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

About American Airlines Group

American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. 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.

Present Market Standing of American Airlines Group

• With a volume of 21,468,538, the price of AAL is up 0.08% at $13.03.
• RSI indicators hint that the underlying stock may be overbought.
• Next earnings are expected to be released in 52 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 Group options trades with real-time alerts from Benzinga Pro.