Mixed options sentiment in American Airlines (AAL), with shares up 4c, or 0.32%, near $10.84. Options volume roughly in line with average with 207k contracts traded and puts leading calls for a put/call ratio of 1.77, compared to a typical level near 1.29. Implied volatility (IV30) dropped 0.37 near 60.19,in the top quartile of the past year, suggesting an expected daily move of $0.41. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAL:
- Rising Fuel Costs ‘Not a Threat:’ TD Cowen Lifts Big 6 Airlines Price Targets, Picks Top 3
- Mixed options sentiment in American Airlines with shares up 0.69%
- American Airlines price target raised to $17 from $13 at TD Cowen
- Airline Stocks Jump after Raising Revenue Outlook despite Higher Fuel Costs
- Unusually active option classes on open March 17th
