Latest news for WCT Hldgs (OTC:WCTBF) Stock

WCT Holdings Bhd is an investment holding company that provides management services to subsidiaries, joint ventures, and associates. It has three segments; the engineering and construction segment includes engineering works specializing in earthworks, highway construction, and related infrastructure works, the property development segment includes the development of residential and commercial properties; and the property investment and management segment includes holding and management of assets for capital appreciation and rental income. Geographically, the group operates in the region of Malaysia, the Middle East, India, and Others. It derives a majority of its revenue through the engineering and construction segment.

WCT Holdings Bhd

<p>Wells Fargo  analyst Joseph O'Dea   maintains Otis Worldwide (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OTIS#NYSE">OTIS</a>) with a Equal-Weight and raises the price target from $95 to $108.</p>


News

Price Target

Analyst Ratings

OTIS

Wells Fargo Maintains Equal-Weight on Otis Worldwide, Raises Price Target to $108

<p>Wells Fargo  analyst Joseph O'Dea   maintains Lennox Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LII#NYSE">LII</a>) with a Equal-Weight and raises the price target from $570 to $615.</p>


Wells Fargo Maintains Equal-Weight on Lennox Intl, Raises Price Target to $615

<p><strong>Sonder Holdings Inc. (NASDAQ:</strong><a href="https://www.benzinga.com/stock/SOND#NASDAQ"><strong>SOND</strong></a><strong>, "Sonder" or the "Company"))) </strong>today announced that it has received a letter from the staff of the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that since it remains delinquent in filing its Forms 10-Q for the periods ended March 31 and June 30, 2024 (the "Forms 10-Q"), respectively (the "Delinquent Filings"), the Staff has determined that the Company is non-compliant with Nasdaq Listing Rule 5250(c)(1). Previously, the Staff granted the Company an exception until September 30, 2024, to file all delinquent periodic reports. Additionally, the Company was previously deemed delayed on the filing of the&nbsp;Annual Report on Form 10-K for the year ended December 31, 2023 (the "2023 Form 10-K"); however, the Company has since filed the 2023 Form 10-K on September 27, 2024, and the Staff determined that the Company complies with respect to the 2023 Form 10-K. As a result of the Delinquent Filings, the Company's common stock and warrants are subject to suspension in trading on October 10, 2024, and delisting from Nasdaq unless the Company appeals and requests a hearing before a Hearings Panel ("Hearings Panel") by 4:00 Eastern Time on October 8, 2024.</p>


SOND

Sonder Holdings Receives Nasdaq Staff Determination Letter; Has Requested Hearing Before Hearings Panel

<p>Insulation Supplies was established in 1986 and is headquartered in New Hope, Minnesota, near Minneapolis. Insulation Supplies generates over&nbsp;$22 million&nbsp;of annual revenue throughout Minnesota and the upper Midwest.</p>
<p>As a specialty distributor focused on residential and commercial end-markets, Insulation Supplies sells fiberglass insulation, spray foam insulation, cellulose insulation, and related insulation accessories and machinery.</p>


Installed Building Products Reveals Acquisition Of Wholesale Insulation Supply, Inc. Doing Business As Insulation Supplies; No Terms Disclosed; Deal Adds Over $22M Of Annual Revenue

<p>Wells Fargo  analyst Joe O'Dea   maintains Johnson Controls Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCI#NYSE">JCI</a>) with a Overweight and raises the price target from $80 to $84.</p>


Wells Fargo Maintains Overweight on Johnson Controls Intl, Raises Price Target to $84

<p>Wells Fargo  analyst Joseph O'Dea   maintains Ingersoll Rand (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IR#NYSE">IR</a>) with a Overweight and raises the price target from $100 to $110.</p>


Wells Fargo Maintains Overweight on Ingersoll Rand, Raises Price Target to $110

<p><i><strong>CHS and Denim Health are working together to enhance patient experience and generate efficiencies across CHS' proprietary call center that serves approximately 1,000 primary care providers</strong></i></p>
<p>Community Health Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CYH#NYSE">CYH</a>) ("CHS") and Denim Health have announced a development partnership that is aimed at revolutionizing the call center experience for patients through the implementation of conversational AI in the CHS Patient Access Center ("PAC"). The PAC is a centralized call center serving nearly 1,000 CHS-affiliated primary care providers and handling more than 25,000 inbound calls daily.</p>
<p>CHS and Denim Health have been working together since late 2023 to develop call center workflows that incorporate conversational AI. Following a successful pilot, CHS has deployed Denim Health's AI bot across the PAC environment, making this advanced technology available for all inbound calls.</p>
<p>In the initial phase, conversational AI is being used to authenticate the identity of callers, understand the reason for their calls, and capture additional information to assist agents, before transferring callers to PAC agents. Denim Health's AI bot has successfully authenticated the identities of existing patients with zero instances of misidentification. In cases where the bot is unable to verify a caller's identity, the call is seamlessly transferred to a PAC agent for further assistance.</p>
<p>This use case already has resulted in a notable reduction in total call time, creating immediate efficiencies. The enterprise-wide deployment also lays the groundwork for additional use cases, which will include using conversational AI, machine learning, and natural language processing to enable patient self-scheduling, care gap closures, and other common transactions.</p>
<p>While consumers have become increasingly comfortable completing call center interactions using bots and automated systems, callers to the CHS Patient Access Center retain the option to speak with a human agent at any time during their call experience.</p>


Community Health Systems And Denim Health Announce A Development Partnership Designed To Broadly Scale Conversational AI Across The CHS Patient Access Center That Serves ~1,000 Primary Care Providers

<p>Wells Fargo  analyst Joseph O'Dea   maintains Illinois Tool Works (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITW#NYSE">ITW</a>) with a Underweight and raises the price target from $236 to $250.</p>


Wells Fargo Maintains Underweight on Illinois Tool Works, Raises Price Target to $250

SXTC

China SXT Pharmaceuticals Received Noncompliance Notice

<p><strong>Amazon.com Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) shares are trading lower Monday following a downgrade from Wells Fargo. The stock also appears to be facing selling pressure after a federal judge said the Federal Trade Commission (FTC) can proceed with its <a href="https://www.benzinga.com/markets/equities/24/09/41108210/amazon-secures-partial-victory-over-ftc-in-monopoly-case-trial-split-into-two-by-judge">lawsuit against the company</a>.</p>
<p><strong>What To Know:</strong> Wells Fargo analyst Ken Gawrelski downgraded Amazon from Overweight to Equal-Weight on Monday and lowered the price target from&nbsp;$225&nbsp;to&nbsp;$183, citing slowing growth and stiffer competition, per <a href="https://www.cnbc.com/2024/10/07/wells-fargo-downgrades-amazon-on-slowing-growth-expectations-walmart-competition.html">CNBC</a>.</p>
<p>The Wells Fargo analyst believes Amazon remains a margin expansion story. Although the market is already bracing for weaker operating income into the end of the year, Gawrelski cautioned that margin expansion could be capped through the first half of 2025. </p>
<p>A federal judge&#8217;s ruling related to the FTC&#8217;s antitrust lawsuit also appears to be adding to the selling pressure on Amazon shares Monday.</p>
<p>According to an AP News <a href="https://apnews.com/article/amazon-antitrust-lawsuit-ftc-case-bbd55b3403978183360fe0bc7e3f08cc">report</a>, the order that was issued by Judge <strong>John H. Chun</strong> last week was unsealed on Monday, showing the judge will allow the FTC to proceed with its lawsuit against Amazon. A trial is expected to be held in October 2026.</p>
<p>"We are pleased with the court's decision and look forward to moving this case forward," FTC spokesperson <strong>Doug Farrar</strong> reportedly said in a statement. </p>
<p>"The ways Amazon illegally maintains its monopolies and the harm they cause—including suppressed competition and higher prices for shoppers and sellers—will be on full display at trial."</p>
<p><strong>See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41211507/doj-to-file-remedies-framework-against-google-jp-morgan-sees-alphabet-eps-to-drop-1">DOJ To File Remedies Framework Against Google: JP Morgan Sees Alphabet EPS To Drop 10%, &#8216;Negative Headlines&#8217; Likely</a></strong></p>
<p>The FTC has alleged that Amazon is abusing its marketplace positioning to inflate prices, overcharge sellers and stifle competition on its platform. Several state attorney generals are also accusing the e-commerce giant of violating antitrust laws. The report indicates that Judge Chun allowed some state claims to proceed, but also dismissed some claims made by New Jersey, Pennsylvania, Oklahoma and Maryland this week.</p>
<p><strong>AMZN Price Action:</strong> <a href="http://benzinga.com/quote/amzn">Amazon shares</a> were down 3.06% at $180.80 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.</p>
<p><em>Photo: Shutterstock.</em></p>


Downgrades

Legal

Movers

AMZN

Amazon Stock Is Sliding Monday: What's Going On?

<p>TechnipFMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) has been awarded an integrated Engineering, Procurement, Construction, and Installation (iEPCI&#x2122;) contract(1) by bp for its greenfield Kaskida development in the Gulf of Mexico.</p>
<p>The contract covers the design and manufacture of subsea production systems, including 20,000 psi (20K) standardized subsea trees and manifolds. The scope also includes the design, manufacture, and installation of subsea umbilicals, risers, and flowlines.</p>
<p>The award follows an integrated Front End Engineering and Design (iFEED&#xAE;) study by TechnipFMC.</p>
<p>Jonathan Landes, President, Subsea for TechnipFMC, commented: "Our innovative high-pressure solutions are key to helping unlock the most economically attractive opportunities in the Paleogene. Kaskida is our latest iEPCI&#x2122; project with bp and is emblematic of our longstanding collaboration. Through early engagement, we're leveraging the breadth of our technological and integration capabilities to help bp successfully deliver Kaskida."</p>
<p><i>(1) For TechnipFMC, the contract is categorized as a "substantial" award, valued between $250 million and $500 million. This award was included in inbound orders in the third quarter of 2024.</i></p>


Contracts

TechnipFMC Awarded Integrated Engineering, Procurement, Construction, And Installation Contract For bp's Greenfield 20K Development In The Paleogene; Contract Valued Between $250M-$500M

<p>Wells Fargo  analyst Joseph O'Dea   maintains Hubbell (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBB#NYSE">HUBB</a>) with a Equal-Weight and raises the price target from $400 to $445.</p>


HUBB

Wells Fargo Maintains Equal-Weight on Hubbell, Raises Price Target to $445

<p>Since the launch of Inspired&#39;s Virtual Sports product category in 2017, the Company has exclusively provided an engaging portfolio of Virtual Sports across OPAP&#39;s extensive network of more than 3,000 retail venues in Greece.</p>


INSE

Inspired Entertainment Enters Long-term Extension Of Its Virtual Sports Partnership With Greece Gaming Company OPAP

<p>Wells Fargo  analyst Joseph O'Dea   maintains Honeywell Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) with a Equal-Weight and lowers the price target from $215 to $207.</p>


Wells Fargo Maintains Equal-Weight on Honeywell Intl, Lowers Price Target to $207

<p>Financial giants have made a conspicuous bullish move on IBM. Our analysis of options history for IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) revealed 62 unusual trades.</p>
<p>Delving into the details, we found 59% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 12 were puts, with a value of $450,241, and 50 were calls, valued at $4,398,612.</p>
<h3>What's The Price Target?</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $110.0 to $280.0 for IBM over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in IBM's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to IBM's substantial trades, within a strike price spectrum from $110.0 to $280.0 over the preceding 30 days.</p>
<h3>IBM Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1728332142_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$120.5</td>
<td>$116.65</td>
<td>$117.9</td>
<td>$110.00</td>
<td>$1.0M</td>
<td style="text-align: right;">110</td>
<td style="text-align: right;">107</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$114.5</td>
<td>$110.5</td>
<td>$112.7</td>
<td>$115.00</td>
<td>$969.2K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">88</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$50.0</td>
<td>$49.9</td>
<td>$50.0</td>
<td>$180.00</td>
<td>$229.9K</td>
<td style="text-align: right;">305</td>
<td style="text-align: right;">354</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$120.15</td>
<td>$115.85</td>
<td>$117.96</td>
<td>$110.00</td>
<td>$212.3K</td>
<td style="text-align: right;">110</td>
<td style="text-align: right;">18</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$114.15</td>
<td>$112.75</td>
<td>$112.75</td>
<td>$115.00</td>
<td>$202.9K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">106</td>
</tr>
</tbody>
</table>
</p>
<h3>About IBM</h3>
<p>IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients, which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.</p>
<p>In light of the recent options history for IBM, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Where Is IBM Standing Right Now?</h3>
<ul>
<li>With a trading volume of 3,346,014, the price of IBM is up by 0.5%, reaching $227.12.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 16 days from now.</li>
</ul>
<h3>Expert Opinions on IBM</h3>
<p>In the last month, 2 experts released ratings on this stock with an average target price of $245.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on IBM with a target price of $240.<br />
&#x2A; Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for IBM, targeting a price of $250. </p>
<p>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 IBM options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

Markets

A Closer Look at IBM's Options Market Dynamics

<p>Palatin Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PTN#NYSE">PTN</a>), a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system, today announced it received a notice from the staff of NYSE American LLC (the "Exchange") that Palatin was not in compliance with the Exchange's continued listing standards under Section 1003(a)(iii) of the NYSE American Company Guide. Section 1003(a)(iii) requires a listed company to have stockholders' equity of $6 million or more if the listed company has reported losses from continuing operations and/or net losses in its five most recent fiscal years. Palatin previously reported that it was not in compliance with continued listing standards under Section 1003(a)(i) and (ii).</p>


Palatin Receives Notice Of Non-Compliance From NYSE American

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>iQIYI</strong>.</p>
<p>Looking at options history for iQIYI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IQ#NASDAQ">IQ</a>) we detected 50 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 26% of the investors opened trades with bullish expectations and 64% with bearish.</p>
<p>From the overall spotted trades, 36 are puts, for a total amount of $1,945,319 and 14, calls, for a total amount of $829,067.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $2.0 to $5.0 for iQIYI over the last 3 months. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for iQIYI'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 iQIYI's whale trades within a strike price range from $2.0 to $5.0 in the last 30 days. </p>
<h3>iQIYI 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1728332137_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>IQ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$1.95</td>
<td>$1.9</td>
<td>$1.9</td>
<td>$4.50</td>
<td>$190.0K</td>
<td>296</td>
<td>1.0K</td>
</tr>
<tr>
<td>IQ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$0.8</td>
<td>$0.64</td>
<td>$0.76</td>
<td>$2.50</td>
<td>$114.0K</td>
<td>6.3K</td>
<td>0</td>
</tr>
<tr>
<td>IQ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$1.23</td>
<td>$1.02</td>
<td>$1.15</td>
<td>$2.00</td>
<td>$110.7K</td>
<td>754</td>
<td>1.0K</td>
</tr>
<tr>
<td>IQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$1.1</td>
<td>$1.06</td>
<td>$1.1</td>
<td>$2.00</td>
<td>$110.0K</td>
<td>754</td>
<td>1.0K</td>
</tr>
<tr>
<td>IQ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$0.99</td>
<td>$0.8</td>
<td>$0.98</td>
<td>$2.00</td>
<td>$98.0K</td>
<td>178</td>
<td>101</td>
</tr>
</tbody>
</table>
</p>
<h3>About iQIYI</h3>
<p>Iqiyi is a leading streaming video-on-demand company in China that generates revenue through a mostly subscription basis and has about 100 million paying subscribers and 500 million monthly average users on its platform. The platform also provides user-generated content in long-form videos free of charge to nonpaying users, monetized through video-brand ads and performance-based ads. The company self-produces much of the subscription content and also generates revenue through content distribution, gaming, and IP licensing. Iqiyi competes in a crowded industry with Tencent Video, Alibaba's Youku, ByteDance's MangoTV, and Tencent-backed Bilibili. The company is 45.5% and 5.1% owned by Baidu and Xiaomi, respectively. Baidu also held 89.3% of the voting power as of end-February 2023.</p>
<h3>Where Is iQIYI Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 45,630,108, with IQ's price down by -3.23%, positioned at $3.0.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 43 days.</li>
</ul>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>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. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.</p>
<p>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 iQIYI options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Decoding iQIYI's Options Activity: What's the Big Picture?

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>American Airlines Gr</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>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.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 12 uncommon options trades for American Airlines Gr.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 58% bullish and 33%, bearish.</p>
<p>Out of all of the special options we uncovered, 9 are puts, for a total amount of $255,327, and 3 are calls, for a total amount of $403,444.</p>
<h3>Projected Price Targets</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $9.0 and $12.0 for American Airlines Gr, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for American Airlines Gr's options for a given strike price.</p>
<p>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 $9.0 to $12.0 in the last 30 days. </p>
<h3>American Airlines Gr Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1728332132_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>AAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$0.65</td>
<td>$0.64</td>
<td>$0.64</td>
<td>$12.00</td>
<td>$332.8K</td>
<td>60.0K</td>
<td>5.8K</td>
</tr>
<tr>
<td>AAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$1.34</td>
<td>$1.33</td>
<td>$1.33</td>
<td>$12.00</td>
<td>$36.9K</td>
<td>2.0K</td>
<td>283</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/16/25</td>
<td>$0.55</td>
<td>$0.53</td>
<td>$0.54</td>
<td>$9.00</td>
<td>$36.1K</td>
<td>5</td>
<td>3</td>
</tr>
<tr>
<td>AAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$0.48</td>
<td>$0.45</td>
<td>$0.48</td>
<td>$11.50</td>
<td>$33.6K</td>
<td>6.9K</td>
<td>703</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$1.08</td>
<td>$1.06</td>
<td>$1.08</td>
<td>$11.00</td>
<td>$31.1K</td>
<td>8.6K</td>
<td>300</td>
</tr>
</tbody>
</table>
</p>
<h3>About American Airlines Gr</h3>
<p>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.</p>
<h3>Present Market Standing of American Airlines Gr</h3>
<ul>
<li>With a trading volume of 27,276,956, the price of AAL is up by 0.17%, reaching $11.53.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 14 days from now.</li>
</ul>
<h3>What The Experts Say On American Airlines Gr</h3>
<p>3 market experts have recently issued ratings for this stock, with a consensus target price of $10.666666666666666.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
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&#x2A; An analyst from Evercore ISI Group has decided to maintain their In-Line rating on American Airlines Gr, which currently sits at a price target of $12.<br />
&#x2A; An analyst from TD Cowen persists with their Hold rating on American Airlines Gr, maintaining a target price of $9.<br />
&#x2A; Maintaining their stance, an analyst from Jefferies continues to hold a Hold rating for American Airlines Gr, targeting a price of $11. </p>
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This Is What Whales Are Betting On American Airlines Gr

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