Mixed options sentiment in American Airlines with shares up 0.82%

Mixed options sentiment in American Airlines (AAL), with shares up 10c, or 0.82%, near $12.23. Options volume roughly in line with average with 100k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 1.03. Implied volatility (IV30) dropped 1.32 near 54.57,and above the 52wk median, suggesting an expected daily move of $0.42. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: American Airlines (AAL) will report earnings before the open on 2026-04-23.Option markets are pricing in a 50% probability of a move greater than 6.51% or $0.80.