Bullish option flow detected in American Airlines (AAL) with 32,375 calls trading, 2.0x expected, and implied vol increasing almost 7 points to 69.11%. 4/4 weekly 10 calls and 4/4 weekly 10 puts are the most active options, with total volume in those strikes near 11,200 contracts. The Put/Call Ratio is 0.61. Earnings are expected on April 24th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAL:
- American Airlines price target lowered to $12 from $16 at BofA
- Notable open interest changes for April 2nd
- American Airlines price target lowered to $15 from $23 at Raymond James
- Allegiant Travel upgraded to Strong Buy at Raymond James ahead of earnings
- Raymond James downgrades United Airlines to Market Perform ahead of earnings