Options Market Statistics: United Airlines Stock Soars After Earnings Beat; Options Pop
News Highlights
1. $United Airlines (UAL.US)$ reported third-quarter adjusted earnings of $3.33 a share, beating analysts' estimates of $3.17. Revenue at the carrier rose 2.5% to $14.84 billion, also topping expectations. United said revenue trends "improved as the industry reached an inflection point in the quarter with unprofitable capacity exiting the market." The company also announced a $1.5 billion stock buyback plan.
Unusual Stock Options Activity
There was a noteworthy activity in $American Airlines (AAL.US)$, with $66 calls topping the highest volume to open interest ranking. The highest volume over open interest ratio reaches 375.2x with 72,038 contracts.
Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, The Guardian, Bloomberg
BloombergOption Volume: [Options Notes]Measuring liquidity: two key indicators to check
Call/Put Option: Trade Options: Quickstart Guide
Option Expiration: Trade Options: Quickstart Guide
Implied Volatility Rank: Volatility Analysis: IV, HV, IV Rank, IV Percentile
Disclaimer: Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Optionsbefore engaging in any options trading strategies. Opening new options positions close to or on their expiration date comes with substantial risk of losses for reasons that include potential volatility of the underlying security and limited time to expiration. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including i potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment