Whales with a lot of money to spend have taken a noticeably bearish stance on United Airlines Holdings.
Looking at options history for United Airlines Holdings UAL we detected 31 trades.
If we consider the specifics of each trade, it is accurate to state that 32% of the investors opened trades with bullish expectations and 54% with bearish.
From the overall spotted trades, 9 are puts, for a total amount of $626,574 and 22, calls, for a total amount of $906,205.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $25.0 to $62.5 for United Airlines Holdings over the recent three months.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in United Airlines Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to United Airlines Holdings's substantial trades, within a strike price spectrum from $25.0 to $62.5 over the preceding 30 days.
United Airlines Holdings Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UAL | PUT | TRADE | BULLISH | 12/20/24 | $1.38 | $1.34 | $1.35 | $40.00 | $202.5K | 3.6K | 1.5K |
| UAL | PUT | SWEEP | BEARISH | 01/17/25 | $7.25 | $7.1 | $7.2 | $52.50 | $93.6K | 1.6K | 19 |
| UAL | CALL | TRADE | BEARISH | 12/20/24 | $0.92 | $0.87 | $0.87 | $60.00 | $87.0K | 2.2K | 23.9K |
| UAL | PUT | SWEEP | BEARISH | 12/20/24 | $1.16 | $1.11 | $1.16 | $39.00 | $75.4K | 934 | 660 |
| UAL | PUT | SWEEP | BEARISH | 11/15/24 | $3.65 | $3.6 | $3.65 | $48.00 | $73.0K | 46 | 413 |
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.
United Airlines Holdings's Current Market Status
- Trading volume stands at 2,906,043, with UAL's price down by -2.44%, positioned at $47.56.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 35 days.
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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