Mixed options sentiment in American Airlines (AAL), with shares down 34c near $13.08. Options volume relatively light with 31k contracts traded and calls leading puts for a put/call ratio of 0.64, compared to a typical level near 0.74. Implied volatility (IV30) dropped 2.69 near 45.94,and below the 52wk median, suggesting an expected daily move of $0.38. Put-call skew steepened, indicating increased demand for downside protection.
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Read More on AAL:
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- Moderately bullish activity in American Airlines with shares up 1.73%