Mixed options sentiment in American Airlines (AAL), with shares down 34c near $13.08. Options volume relatively light with 31k contracts traded and calls leading puts for a put/call ratio of 0.64, compared to a typical level near 0.74. Implied volatility (IV30) dropped 2.69 near 45.94,and below the 52wk median, suggesting an expected daily move of $0.38. Put-call skew steepened, indicating increased demand for downside protection.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAL:
- AAL, DAL, UAL: Airline Stocks Dive After US Orders 10% Flight Cuts amid Shutdown
- U.S. to cut flight capacity by 10% at 40 major airports
- American Airlines (AAL) to Cut Hundreds of Corporate Roles, Stock Drops 6%
- American Airlines cutting hundreds of corporate jobs, Bloomberg reports
- Moderately bullish activity in American Airlines with shares up 1.73%