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United Airlines Holdings Unusual Options Activity For April 25
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United Airlines Holdings Unusual Options Activity For April 25
Apr 25, 2024 12:23 PM

Whales with a lot of money to spend have taken a noticeably bullish stance on United Airlines Holdings ( UAL ).

Looking at options history for United Airlines Holdings ( UAL ) we detected 11 trades.

If we consider the specifics of each trade, it is accurate to state that 72% of the investors opened trades with bullish expectations and 18% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $126,282 and 8, calls, for a total amount of $518,400.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $25.0 to $55.0 for United Airlines Holdings ( UAL ) over the last 3 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 ( UAL ) 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 ( UAL ) substantial trades, within a strike price spectrum from $25.0 to $55.0 over the preceding 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 BULLISH 08/16/24 $3.2 $3.15 $3.2 $55.00 $222.0K 4.0K 22
UAL CALL SWEEP BULLISH 05/17/24 $18.65 $18.55 $18.65 $34.00 $82.0K 30 4
UAL PUT SWEEP BULLISH 05/17/24 $1.76 $1.75 $1.75 $53.00 $45.8K 2.8K 797
UAL CALL TRADE BULLISH 06/21/24 $4.5 $4.1 $4.5 $50.00 $45.0K 17.3K 0
UAL CALL TRADE BULLISH 09/20/24 $4.25 $4.25 $4.25 $55.00 $42.5K 9.9K 51

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 ( UAL ), our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of United Airlines Holdings

Currently trading with a volume of 5,958,462, the UAL's price is up by 0.22%, now at $52.78.

RSI readings suggest the stock is currently may be approaching overbought.

Anticipated earnings release is in 83 days.

Professional Analyst Ratings for United Airlines Holdings

5 market experts have recently issued ratings for this stock, with a consensus target price of $67.0.

Consistent in their evaluation, an analyst from Raymond James keeps a Outperform rating on United Airlines Holdings ( UAL ) with a target price of $70.

An analyst from Susquehanna has decided to maintain their Positive rating on United Airlines Holdings ( UAL ), which currently sits at a price target of $55.

An analyst from Susquehanna has decided to maintain their Positive rating on United Airlines Holdings ( UAL ), which currently sits at a price target of $60.

An analyst from Morgan Stanley persists with their Overweight rating on United Airlines Holdings ( UAL ), maintaining a target price of $80.

Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for United Airlines Holdings ( UAL ), targeting a price of $70.

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 ( UAL ) options trades with real-time alerts from Benzinga Pro.

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