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.
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.
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.
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UAL | CALL | SWEEP | BULLISH | 4.0K | 22 | ||||||
| UAL | CALL | SWEEP | BULLISH | 30 | 4 | ||||||
| UAL | PUT | SWEEP | BULLISH | 2.8K | 797 | ||||||
| UAL | CALL | TRADE | BULLISH | 17.3K | 0 | ||||||
| UAL | CALL | TRADE | BULLISH | 9.9K | 51 |
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
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.
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.