Mixed options sentiment in American Airlines (AAL), with shares up 61c, or 4.59%, near $13.91. Options volume roughly in line with average with 52k contracts traded and calls leading puts for a put/call ratio of 0.26, compared to a typical level near 1.28. Implied volatility (IV30) dropped 0.1 near 41.33,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.36. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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 $17 from $19 at TD Cowen
- American Airlines (AAL) Restarts Flights to Venezuela
- American Airlines price target raised to $22 from $20 at JPMorgan
- American Airlines price target raised to $17 from $16.75 at BMO Capital
- Ahead of Earnings, What Do Mastercard’s KPIs Signal?