Decoding American Airlines Group's Options Activity: What's the Big Picture?

Deep-pocketed investors have adopted a bullish approach towards American Airlines Group AAL, 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 AAL usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 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 50% leaning bullish and 50% bearish. Among these notable options, 5 are puts, totaling $703,146, and 17 are calls, amounting to $736,482.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $25.0 for American Airlines Group during the past quarter.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for American Airlines Group'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 Group's whale activity within a strike price range from $10.0 to $25.0 in the last 30 days.

American Airlines Group Option Volume And Open Interest Over 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.

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

Where Is American Airlines Group Standing Right Now?

• With a volume of 17,823,774, the price of AAL is down 0.0% at $14.11.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 29 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.