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 highestvolume over open interest ratio reaches 375.2x with 72,038 contracts.
Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, The Guardian, Bloomberg
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