Bullish option flow detected in American Airlines (AAL) with 42,419 calls trading, 3x expected, and implied vol increasing almost 5 points to 63.73%. 4/4 weekly 10.5 calls and 4/4 weekly 10 puts are the most active options, with total volume in those strikes near 25,900 contracts. The Put/Call Ratio is 0.22. Earnings are expected on April 24th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAL:
- Ulta upgraded, Kroger downgraded: Wall Street’s top analyst calls
- American Airlines downgraded to Hold at Jefferies on lower estimates
- Delta Air Lines downgraded to Hold at Jefferies on lower estimates
- Southwest downgraded to Underperform at Jefferies on lower estimates
- American Airlines downgraded to Hold from Buy at Jefferies
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue