AAL

United Airlines Stock in Rally Mode Before Earnings

Shares could today snap a four-day losing streak

Digital Content Manager
Jul 16, 2024 at 3:10 PM
facebook X logo linkedin


United Airlines Holdings Inc (NASDAQ:UAL) will report third-quarter earnings after the close tomorrow, July 17. Shares are in rally mode ahead of the event, last seen up 5.1% to trade at $46.60, as they pace their best day since April and look to snap a four-day losing streak. The equity is bouncing off the 200-day moving average, and sports a 13% year-to-date lead.

UAL 200 Day

United Airlines stock finished five of its past eight post-earnings sessions lower, including a 17.4% drop in April. The security averaged a 7.9% swing regardless of direction over the last two years, but this time around the options pits are pricing in a larger move of 10.8%.

Options activity is already ramping up. So far today, 44,000 calls have exchanged hands -- double the intraday average volume -- compared to just 25,000 puts. The most popular contract is the July 50 call.

This bullishness has been prevalent in the options pits lately, per UAL's s 10-day call/put volume ratio of 5.64 over at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) that sits higher than 96% of annual readings.

 

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.