Mixed options sentiment in American Airlines (AAL), with shares up 7c, or 0.55%, near $12.89. Options volume roughly in line with average with 56k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.81. Implied volatility (IV30) dropped 1.86 near 43.87,in the bottom quartile of the past year, suggesting an expected daily move of $0.36. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAL:
- Moderately bullish activity in American Airlines with shares up 0.27%
- Why Palantir Stock Looks like the Silent Winner of Oracle’s Q1 Earnings
- Mixed options sentiment in American Airlines with shares down 0.35%
- Mixed options sentiment in American Airlines with shares up 0.87%
- AAL, UAL, LUV: Airlines Prepare for Record Labor Day Travel