American Airlines call volume above normal and directionally bullish
Bullish option flow detected in American Airlines with 4,741 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 40.31%. 10/14 weekly 39 calls and 10/7 weekly 37.5 calls are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.19. Earnings are expected on October 28th.