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Smart Money Is Betting Big In UAL Options

Benzinga ·  Jul 6 01:03

Investors with a lot of money to spend have taken a bearish stance on United Airlines Holdings (NASDAQ:UAL).

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with UAL, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 10 uncommon options trades for United Airlines Holdings.

This isn't normal.

The overall sentiment of these big-money traders is split between 30% bullish and 50%, bearish.

Out of all of the special options we uncovered, 5 are puts, for a total amount of $428,857, and 5 are calls, for a total amount of $214,588.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $33.0 to $60.0 for United Airlines Holdings over the recent three months.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in United Airlines Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to United Airlines Holdings's substantial trades, within a strike price spectrum from $33.0 to $60.0 over the preceding 30 days.

United Airlines Holdings Call and Put Volume: 30-Day Overview

Options Call Chart

Significant Options Trades Detected:

SymbolPUT/CALLTrade TypeSentimentExp. DateAskBidPriceStrike PriceTotal Trade PriceOpen InterestVolume
UALPUTSWEEPBULLISH12/20/24$13.25$13.15$13.15$60.00$211.7K26123
UALPUTSWEEPBULLISH09/20/24$3.05$2.96$2.96$46.00$124.7K8.2K1.5K
UALCALLTRADEBEARISH06/20/25$18.65$16.75$17.35$33.00$48.5K21449
UALCALLSWEEPBEARISH12/19/25$11.3$11.2$11.2$45.00$47.0K2120
UALCALLSWEEPBEARISH01/16/26$11.45$11.3$11.3$45.00$45.2K8990

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.

After a thorough review of the options trading surrounding United Airlines Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

United Airlines Holdings's Current Market Status

  • With a volume of 2,682,022, the price of UAL is down -0.43% at $48.3.
  • RSI indicators hint that the underlying stock may be oversold.
  • Next earnings are expected to be released in 12 days.

Professional Analyst Ratings for United Airlines Holdings

A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $70.0.

  • An analyst from Redburn Atlantic upgraded its action to Buy with a price target of $70.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest United Airlines Holdings options trades with real-time alerts from Benzinga Pro.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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