United Airlines Holdings Unusual options activity for December 06

A whale with plenty of money to spend has taken a noticeably bearish stance on United Airlines Holdings.

Reviewing the option history for United Airlines Holdings UAL, we detected 22 strange transactions.

If we consider the specifics of each trade, it is correct to say that 27% of investors opened trades with bullish expectations and 72% with bearish expectations.

Out of all the trades spotted, 2 puts, for a total amount of $72,375 and 20 calls, for a total amount of $1,292,838.

What is the target price?

Given the volume and open interest on these contracts, it appears that whales have targeted a price range of $39.0 to $55.0 for United Airlines Holdings in the past 3 months.

Development of volume and open interest

Reviewing volume and open interest is an insightful way to perform due diligence on a stock.

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

Below we can observe the evolution of volume and open interest in calls and puts, respectively, for the entire United Airlines whaling business Holdings within a strike price range of $39.0 to $55.0 in the last 30 days.

United Airlines Holdings Options Volume and Open Interest in the Last 30 Days The biggest options spotted:

Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume LAU CALL SWEEP BULLISH 01/20/23 $45.00 $160,600 20.1K 1.0K LAU CALL SWEEP BEARISH 01/20/23 $45.00 $158,500 20.1K 1.0K LAU CALL SWEEP BEARISH 01/20/23 $45.00 $146,000 20.1K 2.0K LAU CALL SWEEP BEARISH 01/19/24 $55.00 $118,400 3.6K 200 LAU CALL TRADE BEARISH 12/09/22 $44.00 $74.5,000 2.5K 3.8K

How is United Airlines Holdings doing right now? With a volume of 2,367,404, the price of UAL is up 0.53% to $45.27. RSI indicators suggest that the underlying stock may be close to overbought. The next results should be published in 43 days. What experts say about United Airlines Holdings: Argus Research upgraded its stock to buy with a price target of $52 Morgan Stanley improved its overweight stock with a price target of $67

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay informed about the latest options trades for United Airlines Holdings, Benzinga Pro gives you real-time options trade alerts.

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