Bullish option flow detected in American Airlines with 20,236 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 52.65%. May-23 20 calls and May-23 14 calls are the most active options, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 0.42. Earnings are expected on April 27th.
Published first on TheFly
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