Behind the Scenes of American Airlines Gr's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading activity for American Airlines Gr (NASDAQ:AAL) shows a bearish sentiment among investors, with 54% of trades being bearish and 46% bullish. The trades range between $12.0 and $25.0 strike prices, indicating expectations of price movements within this range. The largest trades include both puts and calls, with varying sentiments. American Airlines, a major airline with the youngest fleet among U.S. legacy carriers, is currently experiencing a slight decrease in stock price, down by -1.9% to $13.96, and its earnings release is anticipated in 1 day.
April 24, 2024 | 4:31 pm
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American Airlines Gr's options trading activity indicates a bearish sentiment among investors, with a notable volume of trades suggesting expectations of price movements between $12 and $25. The stock is currently down by -1.9% at $13.96, with earnings release anticipated shortly.
The bearish sentiment in options trading, combined with the current stock price decrease and the upcoming earnings release, suggests a potential short-term negative impact on AAL's stock price. The focus on options trading, especially with a higher volume of bearish trades, indicates investor caution or speculation on further price declines.
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