Whales with a lot of money to spend have taken a noticeably bullish stance on United Airlines Holdings.
Looking at options history for United Airlines Holdings UAL we detected 16 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 43% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $360,216 and 10, calls, for a total amount of $1,196,711.
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 $30.0 to $65.0 for United Airlines Holdings during the past quarter.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for United Airlines Holdings options trades today is 1584.62 with a total volume of 13,447.00.
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 $30.0 to $65.0 over the last 30 days.
United Airlines Holdings Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UAL | CALL | TRADE | BULLISH | 07/19/24 | $1.86 | $1.81 | $1.85 | $50.00 | $688.0K | 4.1K | 3.8K |
| UAL | CALL | SWEEP | BEARISH | 09/20/24 | $7.5 | $7.4 | $7.4 | $43.00 | $108.0K | 315 | 0 |
| UAL | PUT | SWEEP | BULLISH | 07/19/24 | $1.16 | $0.98 | $1.16 | $46.00 | $97.5K | 2.6K | 48 |
| UAL | PUT | TRADE | BEARISH | 12/18/26 | $2.63 | $0.91 | $2.25 | $30.00 | $90.0K | 29 | 0 |
| UAL | PUT | TRADE | BEARISH | 06/20/25 | $17.45 | $17.1 | $17.45 | $65.00 | $82.0K | 72 | 7 |
About United Airlines Holdings
United Airlines is a major us network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large U.S. peers.
Having examined the options trading patterns of United Airlines Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
United Airlines Holdings's Current Market Status
- With a volume of 2,440,036, the price of UAL is up 0.37% at $48.38.
- RSI indicators hint that the underlying stock may be approaching oversold.
- Next earnings are expected to be released in 19 days.
Expert Opinions on United Airlines Holdings
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $70.0.
- An analyst from Redburn Atlantic has elevated its stance to Buy, setting a new price target at $70.
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 United Airlines Holdings with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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