High-rolling investors have positioned themselves bullish on United Airlines Holdings UAL, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in UAL often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for United Airlines Holdings. This is not a typical pattern.
The sentiment among these major traders is split, with 50% bullish and 37% bearish. Among all the options we identified, there was one put, amounting to $47,520, and 7 calls, totaling $326,610.
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 $70.0 to $120.0 for United Airlines Holdings over the last 3 months.
Analyzing Volume & Open Interest
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 United Airlines Holdings'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 United Airlines Holdings's whale activity within a strike price range from $70.0 to $120.0 in the last 30 days.
United Airlines Holdings 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UAL | CALL | SWEEP | BEARISH | 01/17/25 | $5.55 | $5.5 | $5.55 | $97.50 | $110.0K | 2.1K | 223 |
| UAL | CALL | SWEEP | BULLISH | 12/20/24 | $2.65 | $2.62 | $2.65 | $95.00 | $57.7K | 8.7K | 241 |
| UAL | PUT | TRADE | BULLISH | 01/16/26 | $22.0 | $21.6 | $21.6 | $105.00 | $47.5K | 102 | 0 |
| UAL | CALL | TRADE | NEUTRAL | 06/20/25 | $21.0 | $20.65 | $20.85 | $85.00 | $41.7K | 646 | 20 |
| UAL | CALL | TRADE | BEARISH | 03/21/25 | $3.3 | $3.25 | $3.25 | $120.00 | $30.5K | 596 | 94 |
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 us peers.
Current Position of United Airlines Holdings
- With a trading volume of 2,215,623, the price of UAL is down by -0.15%, reaching $94.84.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 34 days from now.
What The Experts Say On United Airlines Holdings
4 market experts have recently issued ratings for this stock, with a consensus target price of $129.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Consistent in their evaluation, an analyst from TD Cowen keeps a Buy rating on United Airlines Holdings with a target price of $125. * An analyst from Morgan Stanley persists with their Overweight rating on United Airlines Holdings, maintaining a target price of $130. * An analyst from UBS has revised its rating downward to Buy, adjusting the price target to $139. * An analyst from Citigroup has decided to maintain their Buy rating on United Airlines Holdings, which currently sits at a price target of $122.
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 United Airlines Holdings options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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