Market Whales and Their Recent Bets on UAL Options

By | August 14, 2024

Market Whales and Their Recent Bets on UAL Options

 

20-Year Pro Trader Reveals His “MoneyLine” — Simple Trades
A simple line tells you when to buy and when to sell that’s helped Nic win 83% of his trades. Click here for access.

Financial giants have made a conspicuous bullish move on United Airlines Holdings. Our analysis of options history for United Airlines Holdings
UAL
+1.26%
Get Free Report
revealed 9 unusual trades.

Delving into the details, we found 55% of traders were bullish, while 22% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $491,735, and 3 were calls, valued at $205,093.

Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $33.0 to $47.0 for United Airlines Holdings over the last 3 months.

Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

 

This data can help you track the liquidity and interest for United Airlines Holdings’s options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of United Airlines Holdings’s whale activity within a strike price range from $33.0 to $47.0 in the last 30 days.

United Airlines Holdings 30-Day Option Volume & Interest Snapshot

 

About United Airlines Holdings
United Airlines is a major us network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large U.S. peers.

 

Where Is United Airlines Holdings Standing Right Now?
With a trading volume of 4,223,378, the price of UAL is up by 1.26%, reaching $40.93.
Current RSI values indicate that the stock is may be approaching oversold.
Next earnings report is scheduled for 63 days from now.

Leave a Reply

Your email address will not be published. Required fields are marked *