Spotlight on American Airlines Group: Analyzing the Surge in Options Activity

Benzinga's options scanner detected 8 unusual options trades for American Airlines Group today. This activity is significant, with 25% of traders being bullish and 62% bearish.

6 puts totaling $1,037,522
2 calls totaling $90,360
Predicted Price Range:

Traders have been targeting a price range of $9.0 to $25.0 for American Airlines over the last 3 months, based on volume and open interest.

Average open interest: 13,524.71
Total volume: 3,188.00
The chart highlights the development of call and put option volume and open interest for significant trades within the $9.0 to $25.0 strike price range over the past 30 days.

American Airlines Gr's Current Market Status
With a volume of 16,155,838, the price of AAL is down -2.25% at $11.07.
RSI indicators hint that the underlying stock may be approaching oversold.
Next earnings are expected to be released in 17 days.

Expert Opinions on American Airlines Gr
1 market experts have recently issued ratings for this stock, with a consensus target price of $18.0.

Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on American Airlines Gr with a target price of $18.