Looking At American Airlines Gr's Recent Unusual Options Activity

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

Looking at options history for American Airlines Gr AAL we detected 11 trades.

If we consider the specifics of each trade, it is accurate to state that 27% of the investors opened trades with bullish expectations and 54% with bearish.

From the overall spotted trades, 8 are puts, for a total amount of $506,162 and 3, calls, for a total amount of $179,274.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $8.0 to $27.0 for American Airlines Gr during the past quarter.

Volume & Open Interest Development

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 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 activity within a strike price range from $8.0 to $27.0 in the last 30 days.

American Airlines Gr Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

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.

Where Is American Airlines Gr Standing Right Now?

• With a volume of 25,380,160, the price of AAL is down -0.18% at $11.18.
• RSI indicators hint that the underlying stock may be oversold.
• Next earnings are expected to be released in 24 days.

What The Experts Say On American Airlines Gr

5 market experts have recently issued ratings for this stock, with a consensus target price of $14.1.

• An analyst from Jefferies has revised its rating downward to Hold, adjusting the price target to $12.
• Maintaining their stance, an analyst from Susquehanna continues to hold a Neutral rating for American Airlines Gr, targeting a price of $13.
• An analyst from Morgan Stanley has decided to maintain their Overweight rating on American Airlines Gr, which currently sits at a price target of $18.
• An analyst from B of A Securities persists with their Underperform rating on American Airlines Gr, maintaining a target price of $11.
• Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on American Airlines Gr with a target price of $16.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for American Airlines Gr with Benzinga Pro for real-time alerts.