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This is what the whales are betting on at United Airlines Holdings – United Airlines Holdings (NASDAQ:UAL)

This is what the whales are betting on at United Airlines Holdings – United Airlines Holdings (NASDAQ:UAL)

Whales with plenty of money to spend have taken a strikingly optimistic stance United Airlines Holdings.

A look at the options history of United Airlines Holdings UAL We identified 9 trades.

Looking at the specifics of individual trading operations, it is fair to say that 66% of investors opened trades with optimistic expectations and 33% with pessimistic ones.

Of the total transactions made, 3 are puts for a total amount of $125,280 and 6 are calls for a total amount of $435,838.

Projected price targets

After evaluating the trading volumes and open interest, it is evident that major market players are focused on a price range between $31.0 and $60.0 for United Airlines Holdings, which covers the last three months.

Insights into volume and open interest

In today’s trading context, the average open interest for United Airlines Holdings options is 7432.0, with the total volume reaching 5,022.00. The attached chart shows the evolution of call and put option volume as well as open interest for high-priced United Airlines Holdings trades located within the strike price range of $31.0 to $60.0 over the last 30 days.

United Airlines Holdings – 30-Day Option Volume and Interest Summary

Options Call Chart

Largest options trades observed:

symbol PUT/CALL Trading type Feeling Expiry date Questions bid Price Exercise price Total trading price Open interest volume
UAL CALL SWEEP BULLISH 20.12.24 $1.07 1.02 USD $1.06 52,50 € 139.5 thousand USD 4.0K 1.3 thousand
UAL CALL SWEEP BULLISH 20.12.24 $1.07 1.01 USD $1.07 52,50 € 104.3 thousand USD 4.0K 2.3K
UAL CALL TRADE BULLISH 16.01.26 3.2 USD $1.55 3.2 USD 60,00 € 64,000 USD 3.2 thousand 200
UAL SET SWEEP BULLISH 17.01.25 4,95 € $4.75 $4.8 42,00 € 53.2 thousand USD 5.6 thousand 155
UAL CALL SWEEP BULLISH 17.01.25 $3.45 3.4 USD $3.45 45,00 € 48.3 thousand USD 28.5 thousand 335

About United Airlines Holdings

United Airlines is one of the largest U.S. network airlines with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark and Washington, DC United operates a hub-and-spoke system that is more focused on international and long-haul flights than its major U.S. competitors.

Given United Airlines Holdings’ recent options history, it is now appropriate to focus on the company itself. We want to examine its recent performance.

Current position of United Airlines Holdings

  • The trading volume is 3,567,237, with UAL price down -2.22% to trade at $40.54.
  • RSI indicators show that the stock may be oversold.
  • Earnings announcement is expected in 64 days.

Professional analyst ratings for United Airlines Holdings

In the last month, 1 experts have published reviews on this stock with an average price target of $80.0.

  • An analyst at TD Cowen has decided to maintain his Buy rating on United Airlines Holdings, which currently stands at a price target of $80.

Options trading involves higher risks and potential rewards. Smart traders manage these risks by continually educating themselves, adjusting their strategies, monitoring multiple indicators, and keeping a close eye on market moves. Stay on top of the latest United Airlines Holdings options trades with real-time alerts from Benzinga Pro.

Market news and data provided by Benzinga APIs

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