Check Out What Whales Are Doing With AAL
Investors with a lot of money to spend have taken a bearish stance on American Airlines Group (NASDAQ:AAL).
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 AAL, 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 8 uncommon options trades for American Airlines Group.
This isn't normal.
The overall sentiment of these big-money traders is split between 25% bullish and 62%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $951,260, and 3 are calls, for a total amount of $909,155.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $3.0 to $13.0 for American Airlines Group over the last 3 months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for American Airlines Group options trades today is 11336.86 with a total volume of 16,597.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for American Airlines Group's big money trades within a strike price range of $3.0 to $13.0 over the last 30 days.
American Airlines Group 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AAL | CALL | TRADE | BULLISH | 03/20/26 | $1.19 | $1.14 | $1.19 | $13.00 | $833.0K | 7.8K | 7.1K |
| AAL | PUT | TRADE | BEARISH | 03/20/26 | $1.09 | $1.06 | $1.08 | $11.00 | $756.0K | 8.5K | 7.0K |
| AAL | PUT | SWEEP | BEARISH | 03/20/26 | $0.72 | $0.69 | $0.72 | $10.00 | $72.0K | 19.5K | 1.0K |
| AAL | CALL | SWEEP | BEARISH | 03/20/26 | $2.69 | $2.67 | $2.67 | $10.00 | $49.3K | 7.4K | 185 |
| AAL | PUT | SWEEP | BEARISH | 03/20/26 | $0.44 | $0.42 | $0.44 | $9.00 | $44.0K | 11.5K | 1.0K |
About American Airlines Group
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major US hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of US airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of US legacy carriers.
After a thorough review of the options trading surrounding American Airlines Group, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of American Airlines Group
- Currently trading with a volume of 26,177,755, the AAL's price is down by -1.11%, now at $11.61.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 77 days.
What The Experts Say On American Airlines Group
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $12.0.
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* Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for American Airlines Group, targeting a price of $12.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for American Airlines Group with Benzinga Pro for real-time alerts.
