United Continental Holdings, Inc. (NYSE:UAL) – This Is What Whales Are Betting On United Airlines Holdings

A whale with a lot of money to spend has taken a noticeably bullish stance United Airlines Holdings.

Looking at United Airlines Holdings (NASDAQ:UAL) options history we discovered 30 odd deals.

If we consider the specifics of each trade, it is correct to mention that 60% of the investors opened deals with bullish expectations and 40% with downside expectations.

Of the total trades monitored, 3 were placed, for a total of $224,349 and 27, calls, for a total of $1,942,164.

What is the target price?

Taking into account the volume and open interest on these contracts, it appears that the whales have been targeting a price range of $15.0 to $57.5 for United Airlines Holdings over the past three months.

Scale and open interest development

Looking at volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest of United Airlines Holdings options for a particular strike price. Below, we can observe the evolution of volume and open interest for calls and sells, respectively, for all United Airlines Holdings whale trades within the strike price range of $15.0 to $57.5 in the last 30 days.

United Airlines option holding volume and open interest over the last 30 days

Biggest options spotted:

Code put / call Trade Type feelings exp. Date strike price Total trading price frank interest the sound
UAL communicate to wipe rising 09/16/22 $57.50 389.0 thousand dollars 261 1.4 K
UAL communicate trade bearish 03/18/22 50.00 USD 166.8 thousand dollars 21.2K 1.6 kilo
UAL situation trade rising 01/14/22 $49.00 157.4 thousand dollars 1.0 kilo 716
UAL communicate to wipe rising 09/16/22 $57.50 110.1 thousand dollars 261 2.4 K
UAL communicate trade bearish 02/18/22 $48.00 109.0 thousand dollars 5.0 K 0

Where does United Airlines Holdings stand now?

  • With a volume of 8026153, the price of UAL is down -3.43% at $46.52.
  • RSI indicators are indicating that the underlying stock may be approaching overbought.
  • The next earnings are expected to be announced within 5 days.

What experts say about United Airlines Holdings:

  • Barclays has decided to maintain its equal weight rating on United Airlines Holdings, which is currently at a price target of $52.

Options are a riskier asset compared to just stock trading, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, expanding in and out of trades, following more than one indicator, and following the markets closely.

If you are already an options trader or want to get started, head over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analysis to empower your investment and trading strategy.

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