Bullish option flow detected in American Airlines with 22,198 calls trading, 1.5x expected, and implied vol increasing over 1 point to 43.93%. 12/9 weekly 14 calls and 12/9 weekly 14.5 calls are the most active options, with total volume in those strikes near 8,800 contracts. The Put/Call Ratio is 0.29. Earnings are expected on January 19th.
Published first on TheFly
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