United Airlines Options Market See Investors Take Bullish Stance, Benzinga Reports
Whales with a lot of money to spend have taken a noticeably bullish stance on United Airlines, Benzinga reported, citing 11 unusual trades.
The report showed 72% of the trades investors opened had bullish expectations, while 18% had bearish leanings. Three of the trades were puts, for a total amount of $126,282 and 8 were calls, for a total amount of $518,400, according to the report.
The volume and open interest on these contracts signal these whales were targeting a stock price range from $25 to $55 for United Airlines Holdings over the last 3 months. Shares traded at $53.59, up 1.7% at 3:27 p.m. In New York. Read the full story here:United Airlines Holdings Unusual Options Activity For April 25
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Posts and columns do not represent the views of MM. They’re not investment advice.
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