Bearish Options Activity Detected for United Airlines Holdings

Bearish sentiment is rising among investors in United Airlines Holdings. Recent options trading shows a notable preference for puts over calls, which may impact stock performance.

Date: 17-01-2025

AI Rating: 5

Options Trading Sentiment: The analysis indicates a bearish outlook for United Airlines Holdings (UAL) as 48% of investors have opened trades with bearish expectations compared to 41% with bullish expectations. This reflects a negative sentiment from larger investors, often referred to as 'whales'.

Put and Call Activity: Among the detected trades, 14 put options totaling $1,215,730 contrast against 17 call options totaling $963,390. The dominance of put options suggests that market players anticipate a decline or are hedging against potential losses.

Projected Price Targets: The projected price targets for United Airlines Holdings show a wide range from $47.0 to $120.0. Such volatility suggests uncertainty regarding the stock's future performance.

Open Interest and Volume: The mean open interest of 2420.57 coupled with total volume of 20,877.00 indicates significant trading activity, which may affect the stock price as more options contracts are opened or closed based on market movements.

Current Trading Position: As of now, United Airlines is trading at $108.03, with a slight upward movement of 1.8%. However, RSI readings indicate that it may be approaching overbought levels, which could signal a correction.

Analyst Ratings: Looking at the analyst community, there is a mixed bag of opinions but a general bullish target with averages around $128.25, and individual targets as high as $140 from UBS and low ones at $120 from Raymond James. This suggests that despite current bearish sentiment, analysts still see potential for growth.

Stocks: UAL