La chaîne d'options affiche les données clés des options sur actions de United Airlines Holdings à différents prix d'exercice et dates d'expiration. Les traders utilisent ces informations pour analyser les transactions potentielles et évaluer le sentiment du marché pour United Airlines Holdings..

United Airlines Holdings (NASDAQ:UAL) Stock, Chaîne d'Options

United Airlines Holdings

United Continental Holdings, Inc.

United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large US peers.

United Continental

United Airlines Holdings, Inc. - Common Stock

United Airlines Holdings Inc

Deep-pocketed investors have adopted a bullish approach towards United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in UAL usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 28 extraordinary options activities for United Airlines Holdings. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 60% leaning bullish and 39% bearish. Among these notable options, 17 are puts, totaling $2,995,539, and 11 are calls, amounting to $1,077,053.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $90.0 for United Airlines Holdings over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for United Airlines Holdings options trades today is 1819.93 with a total volume of 39,377.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for United Airlines Holdings's big money trades within a strike price range of $50.0 to $90.0 over the last 30 days.
<h3>United Airlines Holdings Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730232060_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>UAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$8.65</td>
<td>$8.6</td>
<td>$8.65</td>
<td>$75.00</td>
<td>$716.3K</td>
<td>4.2K</td>
<td>831</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.91</td>
<td>$2.84</td>
<td>$2.89</td>
<td>$85.00</td>
<td>$476.8K</td>
<td>3.3K</td>
<td>1.6K</td>
</tr>
<tr>
<td>UAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$8.65</td>
<td>$8.6</td>
<td>$8.65</td>
<td>$75.00</td>
<td>$426.4K</td>
<td>4.2K</td>
<td>2.2K</td>
</tr>
<tr>
<td>UAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$8.65</td>
<td>$8.6</td>
<td>$8.65</td>
<td>$75.00</td>
<td>$390.1K</td>
<td>4.2K</td>
<td>1.5K</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$0.77</td>
<td>$0.67</td>
<td>$0.75</td>
<td>$78.00</td>
<td>$262.5K</td>
<td>1.3K</td>
<td>10.1K</td>
</tr>
</tbody>
</table>

<h3>About United Airlines Holdings</h3>
United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large US peers.
After a thorough review of the options trading surrounding United Airlines Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of United Airlines Holdings</h3>
<ul>
<li>Trading volume stands at 4,058,299, with UAL's price up by 1.45%, positioned at $77.19.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 84 days.</li>
</ul>
<h3>Professional Analyst Ratings for United Airlines Holdings</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $85.4.
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&#x2A; An analyst from Susquehanna has decided to maintain their Positive rating on United Airlines Holdings, which currently sits at a price target of $85. 
&#x2A; An analyst from B of A Securities has decided to maintain their Buy rating on United Airlines Holdings, which currently sits at a price target of $84. 
&#x2A; Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on United Airlines Holdings with a target price of $95. 
&#x2A; Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for United Airlines Holdings, targeting a price of $88. 
&#x2A; An analyst from Jefferies persists with their Buy rating on United Airlines Holdings, maintaining a target price of $75. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for United Airlines Holdings with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Markets

United Airlines Holdings's Options Frenzy: What You Need to Know

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$12.00</td>
<td>$60.8K</td>
<td>28.5K</td>
<td style="text-align: right;">651</td>
</tr>
<tr>
<td>BA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$120.00</td>
<td>$44.5K</td>
<td>3.0K</td>
<td style="text-align: right;">613</td>
</tr>
<tr>
<td>TT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$400.00</td>
<td>$46.0K</td>
<td>2.9K</td>
<td style="text-align: right;">458</td>
</tr>
<tr>
<td>UAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$80.00</td>
<td>$41.0K</td>
<td>35</td>
<td style="text-align: right;">258</td>
</tr>
<tr>
<td>LUV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$27.50</td>
<td>$25.3K</td>
<td>3.0K</td>
<td style="text-align: right;">117</td>
</tr>
<tr>
<td>OC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$170.00</td>
<td>$25.7K</td>
<td>56</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>SWK</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$120.00</td>
<td>$286.0K</td>
<td>21</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>CTAS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$205.00</td>
<td>$29.9K</td>
<td>81</td>
<td style="text-align: right;">59</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$820.00</td>
<td>$34.6K</td>
<td>287</td>
<td style="text-align: right;">36</td>
</tr>
<tr>
<td>CAT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$380.00</td>
<td>$26.7K</td>
<td>705</td>
<td style="text-align: right;">23</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding AAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), we observe a put option sweep with bearish sentiment. It expires in 234 day(s) on June 20, 2025. Parties traded 641 contract(s) at a $12.00 strike. This particular put needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $60.8K, with a price of $94.0 per contract. There were 28576 open contracts at this strike prior to today, and today 651 contract(s) were bought and sold. 
• Regarding BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we observe a put option trade with bearish sentiment. It expires in 80 day(s) on January 17, 2025. Parties traded 450 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $44.5K, with a price of $99.0 per contract. There were 3019 open contracts at this strike prior to today, and today 613 contract(s) were bought and sold. 
• Regarding TT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TT#NYSE">TT</a>), we observe a call option sweep with bullish sentiment. It expires in 17 day(s) on November 15, 2024. Parties traded 50 contract(s) at a $400.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $46.0K, with a price of $920.0 per contract. There were 2917 open contracts at this strike prior to today, and today 458 contract(s) were bought and sold. 
• Regarding UAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), we observe a put option sweep with bullish sentiment. It expires in 234 day(s) on June 20, 2025. Parties traded 38 contract(s) at a $80.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $41.0K, with a price of $1080.0 per contract. There were 35 open contracts at this strike prior to today, and today 258 contract(s) were bought and sold. 
• For LUV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>), we notice a call option sweep that happens to be neutral, expiring in 52 day(s) on December 20, 2024. This event was a transfer of 60 contract(s) at a $27.50 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $25.3K, with a price of $419.0 per contract. There were 3040 open contracts at this strike prior to today, and today 117 contract(s) were bought and sold. 
• Regarding OC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OC#NYSE">OC</a>), we observe a put option sweep with bearish sentiment. It expires in 52 day(s) on December 20, 2024. Parties traded 46 contract(s) at a $170.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $560.0 per contract. There were 56 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• For SWK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>), we notice a put option trade that happens to be bearish, expiring in 444 day(s) on January 16, 2026. This event was a transfer of 100 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $286.0K, with a price of $2860.0 per contract. There were 21 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• For CTAS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTAS#NASDAQ">CTAS</a>), we notice a put option trade that happens to be bearish, expiring in 52 day(s) on December 20, 2024. This event was a transfer of 50 contract(s) at a $205.00 strike. The total cost received by the writing party (or parties) was $29.9K, with a price of $599.0 per contract. There were 81 open contracts at this strike prior to today, and today 59 contract(s) were bought and sold. 
• For URI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>), we notice a call option trade that happens to be bullish, expiring in 17 day(s) on November 15, 2024. This event was a transfer of 15 contract(s) at a $820.00 strike. The total cost received by the writing party (or parties) was $34.6K, with a price of $2310.0 per contract. There were 287 open contracts at this strike prior to today, and today 36 contract(s) were bought and sold. 
• For CAT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>), we notice a call option sweep that happens to be bearish, expiring in 80 day(s) on January 17, 2025. This event was a transfer of 10 contract(s) at a $380.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $2675.0 per contract. There were 705 open contracts at this strike prior to today, and today 23 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CTAS

10 Industrials Stocks With Whale Alerts In Today's Session

United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) has outperformed the market over the past 15 years by 5.82% on an annualized basis producing an average annual return of 17.91%. Currently, United Airlines Holdings has a market capitalization of $25.16 billion. 
Buying $100 In UAL: If an investor had bought $100 of UAL stock 15 years ago, it would be worth $1,152.11 today based on a price of $76.50 for UAL at the time of writing.
<h3>United Airlines Holdings's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730219409_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Trading Ideas

Here's How Much You Would Have Made Owning United Airlines Holdings Stock In The Last 15 Years

Several airline stocks traded higher on Monday amid a drop in oil prices. Here&#8217;s a look at some of the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41575181/crude-oil-faces-steepest-one-day-drop-in-over-two-years-energy-stocks-plunge-prices">biggest movers</a>.
<ul>
<li>American Airlines Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>)</li>
</ul>
<ul>
<li>United Airlines Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>)</li>
</ul>
<ul>
<li>Delta Air Lines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>)</li>
</ul>
<ul>
<li>Southwest Airlines Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>)</li>
</ul>
<ul>
<li>Spirit Airlines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>)</li>
</ul>
<ul>
<li>Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) </li>
</ul>
<ul>
<li>JetBlue Airways Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) </li>
</ul>
<ul>
<li>Frontier Group Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>), </li>
</ul>
The Details: Crude oil prices saw their sharpest one-day drop since 2022 on Monday. Oil futures for West Texas Intermediate (WTI) fell by 6%, settling near $67 per barrel. This drop followed <a href="https://www.benzinga.com/news/24/10/41567809/oil-etfs-plunge-premarket-after-israels-strikes-on-iran">Israeli airstrikes in Iran</a> that focused on military targets and avoided oil infrastructure, reducing fears of immediate supply disruptions.
Oil markets had initially reacted to Middle East tensions earlier in the month, with concerns that strikes on Iranian oil facilities could disrupt supply. However, the limited scope of these recent airstrikes led analysts to expect oil prices to remain under pressure. 
Analysts noted that if OPEC+ proceeds with plans to increase supply while demand, particularly from China, continues to decrease, prices could trend lower into 2025.
China's oil demand has slowed since May, with structural changes in its energy sector and a higher share of new electric vehicle registrations contributing to reduced oil consumption.
Lower oil prices are generally bullish for airlines given that oil is one of the biggest expenses for airline companies. All of the aforementioned stocks gained between 1% and 4% on Monday, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41575181/crude-oil-faces-steepest-one-day-drop-in-over-two-years-energy-stocks-plunge-prices">Crude Oil Faces Steepest One-Day Drop In Over Two Years, Energy Stocks Plunge: Prices &#8216;Are Likely To Remain Under Pressure,&#8217; Analyst Says</a></li>
</ul>
Image via Shutterstock.

Movers

JBLU

SAVE

ULCC

Airline Stocks Climb As Oil Prices Drop: What's Going On?

The U.S. cruise industry is riding high as shares of Royal Caribbean Cruises Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>), Norwegian Cruise Line Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>), and Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) rank among the S&amp;P 500&#8217;s <a href="https://www.benzinga.com/topic/cruise-lines">top 15 performers in October.</a>
As Royal Caribbean and Norwegian prepare to report earnings this week, investors are watching closely to see if strong booking trends and earnings beats can <a href="https://www.benzinga.com/insights/earnings/24/10/41577932/earnings-outlook-for-royal-caribbean-gr">sustain the sector's momentum.</a>
<h3 class="wp-block-heading">Strong October Performance For Cruise Stocks</h3>
Cruise line stocks have surged this month, benefitting from upward earnings revisions and renewed optimism around travel demand. Royal Caribbean and Norwegian shares have risen 14.5% and 16.3% month-to-date, respectively, while Carnival is up 18.6%. 
Royal Caribbean is scheduled to report its third-quarter earnings on Oct. 29 before the market opens, while Norwegian will release its results on Oct. 31, also ahead of the market open.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>Price Chg. % (MTD)</td>
</tr>
<tr>
<td>United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>)</td>
<td>34.48%</td>
</tr>
<tr>
<td>Raymond James Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJF#NYSE">RJF</a>)</td>
<td>21.04%</td>
</tr>
<tr>
<td>Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>)</td>
<td>20.95%</td>
</tr>
<tr>
<td>Lamb Weston Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>)</td>
<td>20.04%</td>
</tr>
<tr>
<td>Carnival Corporation &amp; plc</td>
<td>18.59%</td>
</tr>
<tr>
<td>General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>)</td>
<td>17.85%</td>
</tr>
<tr>
<td>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>16.41%</td>
</tr>
<tr>
<td>Norwegian Cruise Line Holdings Ltd</td>
<td>16.31%</td>
</tr>
<tr>
<td>Wells Fargo &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>)</td>
<td>15.97%</td>
</tr>
<tr>
<td>Snap-on Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNA#NYSE">SNA</a>)</td>
<td>15.10%</td>
</tr>
<tr>
<td>The Williams Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMB#NYSE">WMB</a>)</td>
<td>14.54%</td>
</tr>
<tr>
<td>Royal Caribbean Cruises Ltd.</td>
<td>14.53%</td>
</tr>
<tr>
<td>Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>)</td>
<td>14.25%</td>
</tr>
<tr>
<td>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)</td>
<td>13.92%</td>
</tr>
<tr>
<td>GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>)</td>
<td>13.75%</td>
</tr>
</tbody>
</table>
</figure>
Read Also: <a href="https://www.benzinga.com/news/24/10/41583892/why-carnival-stock-hit-a-new-52-week-high-today">Why Carnival Stock Hit A New 52-Week High Today</a>
<h3 class="wp-block-heading">Wall Street Expectations: Solid Growth Forecasted</h3>
Wall Street Analysts are forecasting substantial growth for both Royal Caribbean and Norwegian Cruise Line during the third quarter of 2024. 
Royal Caribbean is expected to report adjusted earnings per share (EPS) of $5.03 on revenue of $4.11 billion. If met, this would represent a 31% increase in EPS and 18% revenue growth from the same quarter of 2023, as per <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent102824&amp;t=be2bearmibe3na1">Benzinga Pro</a> data.
Norwegian Cruise Line is projected to report adjusted EPS of 94 cents and revenue of $2.77 billion. Meeting these estimates would imply a 24% EPS growth and 9% revenue increase year-over-year.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td></td>
<td>Earnings date</td>
<td>Adj. EPS</td>
<td>GAAP Revenue</td>
</tr>
<tr>
<td>Royal Caribbean Cruises Ltd.</td>
<td>Oct. 29, BMO</td>
<td>5.03</td>
<td>$4.11 billion </td>
</tr>
<tr>
<td>Norwegian Cruise Line Holdings Ltd. </td>
<td>Oct. 31, BMO</td>
<td>0.94</td>
<td>$2.77 billion</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data: Benzinga Pro</figcaption></figure>
<h3 class="wp-block-heading">Bank Of America Expects A Double Beat, But Caution Is Needed</h3>
&#8220;Carnival was very constructive on booking trends when the company reported in September, and we expect Royal Caribbean and Norwegian to echo this commentary into 2025,&#8221; Bank of America analyst Andrew Didora wrote in a note published Monday.
Didora raised his 12-month price target for Royal Caribbean from $172 to $205 and for Norwegian from $23 to $25, citing "continued healthy yield trends and steady macro trends." 
However, he maintains a &#8220;Neutral&#8221; rating on both stocks, suggesting that while there's momentum, valuations are reaching stretched levels.
Royal Caribbean is currently trading at nearly 12x its projected 2025 EBITDA, a level last seen in 2017. Norwegian trades at around 9.5x its 2025 EBITDA, in line with its historical average.
The expert also explained that while the cruise sector has had strong tailwinds in 2024, some minor headwinds could impact near-term guidance. 
Hurricane Milton, which caused Royal Caribbean's Icon of the Seas sailing to be canceled, may slightly affect fourth-quarter revenues.
Norwegian, which only has about 8% of its Q4 capacity deployed in the Caribbean, is also expected to experience minimal disruption from the hurricane.
According to analysts, the effects of Hurricane Milton are unlikely to significantly alter the positive outlook for either company.
Speculation around potential share buybacks has added another layer of interest among investors. Royal Caribbean, in particular, may be considering a buyback as part of its capital allocation strategy. 
Bank of America has raised Royal Caribbean&#8217;s 2024 EPS estimate slightly from $11.52 to $11.58, stating that this &#8220;could pave the way for a buyback on this earnings call.&#8221;
Read now: 
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<li><a href="https://www.benzinga.com/general/politics/24/10/41584466/these-10-stocks-were-the-best-s-p-500-performers-in-2017-when-trump-was-president-will-history-r">These 10 Stocks Were The Best S&amp;P 500 Performers In 2017 When Trump Was President: Will History Repeat Itself?</a></li>
</ul>
Image via Unsplash

Analyst Color

Earnings

Large Cap

Previews

Travel

NCLH

NVDA

PLTR

SMCI

Cruise Lines Among S&P 500's Top October Performers: Can Royal Caribbean, Norwegian Earnings Sustain The Momentum?

WIIM

MESA

RYAAY

SKYW

Shares of airline stocks are trading higher amid a drop in the price of oil, which can help decrease costs.

Investor sentiment turned optimistic towards risk assets early this week as plummeting oil prices, driven by Israel's decision not to target Iran's crude facilities during weekend attacks, eased concerns over an escalated Middle Eastern conflict and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41575181/crude-oil-faces-steepest-one-day-drop-in-over-two-years-energy-stocks-plunge-prices">potential global economic disruptions.</a>
The S&amp;P 500 gained 0.3%, the tech-heavy Nasdaq 100 mirrored this performance and the Dow added 0.6%.
Economically sensitive small-cap stocks saw stronger gains, with the Russell 2000 soaring 1.5% after a stretch of losses in six of the last seven sessions.
West Texas Intermediate (WTI) crude – tracked by the United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) – dropped over 5% in midday New York trading, heading for its sharpest one-day decline since July 2022. Natural gas prices also plunged, with Henry Hub prices falling more than 9%, poised for their steepest single-session loss since mid-January.
U.S. energy stocks weakened, with the Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) standing as the sole sector in the red on Monday.
Despite the significant drop in energy prices, Treasury yields continued to rise, potentially tempering the stock market&#8217;s bullish momentum. Investors remain cautious about further U.S. fiscal policy deterioration as election season approaches. 
Yields on 10-year Treasury bonds rose by 5 basis points to 4.29%, aiming for their highest close since July 11.
Gold prices held steady around $2,745 per ounce, marking no gains since last Tuesday's close.
Sentiment in cryptocurrency markets remained bullish, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) up 1.4% to over $68,000, reaching a one-week high, while Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) jumped 4.5% in its third consecutive session of gains, eyeing the highest levels since June.
<h3 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day % change</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,242.10</td>
<td>1.5%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,381.18</td>
<td>0.6%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,828.13</td>
<td>0.3%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20,409.47</td>
<td>0.3%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:50 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent102824&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:
<ul>
<li>The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.54% to $581.22.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 0.7% to $424.02.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) edged 0.2% higher to $496.42.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 1.7% to $222.55.</li>
<li>The Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) outperformed, up by 1.1%. The Energy Select Sector SPDR Fund lagged, down 0.8%.</li>
</ul>
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
<ul>
<li>Airlines and cruise line stocks rallied as oil prices declined. American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) was up by 4.5%, Delta Air Lines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NYSE">AAL</a>), up by 4%, United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), up 3.5%, Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>), up 4.5%, Norwegian Cruise Line Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>), up 2.8%, and Royal Caribbean Cruises Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>), up 0.9%.</li>
</ul>
Stocks reacting on earnings reports included ON Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>), up 4.4% and CenterPoint Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNP#NYSE">CNP</a>), up 1%. 
Large-cap companies slated to report their earnings after the close are Waste Management Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>), Cadence Design Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>), Brown &amp; Brown Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRO#NYSE">BRO</a>) and F5 Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIV#NASDAQ">FFIV</a>). 
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41579487/amd-q3-earnings-preview-can-ai-server-gains-help-narrow-the-semiconductor-gap-with-">AMD Q3 Earnings Preview: Can AI, Server Gains Help Narrow The Semiconductor Gap With Nvidia?</a></li>
</ul>
Photo via Shutterstock.

Equities

Macro Economic Events

Broad U.S. Equity ETFs

Commodities

Econ #s

Economics

Tech

ETFs

$BTC

$DOGE

CDNS

SPDR Dow Jones Industrial Average ETF Trust

FFIV

Wall Street Gains As Crude Tumbles, Small Caps Soar, Bitcoin Tops $68,000: What's Driving Markets Monday?

As of Oct. 28, 2024, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">American Airlines Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>)</h3>
<ul>
<li>On Oct. 24, American Airlines posted better-than-expected third-quarter financial results. American Airlines now expects an adjusted EPS of $1.35 – $1.60 (prior $0.70 – $1.30) versus the consensus of $1.21. It expects a 2024 operating margin of 4.5% to 5.5%. The company's stock gained around 17% over the past month and has a <a href="https://www.benzinga.com/quote/AAL">52-week high of $16.15</a>.</li>
<li>RSI Value: 77.05&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>AAL Price Action: Shares of American Airlines gained 2.9% to close at $13.15 on Friday.</li>
</ul>
<h3 class="wp-block-heading">United Airlines Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>)</h3>
<ul>
<li>On Oct. 16, United Airlines reported better-than-expected fourth-quarter financial results and announced a $1.5 billion buyback program.. The company's stock gained around 31% over the past month and <a href="https://www.benzinga.com/quote/UAL">has a 52-week high</a> of $76.08.</li>
<li>RSI Value: 86.29</li>
<li>UAL Price Action: Shares of United Airlines rose 0.2% to close at $74.64 on Friday.</li>
</ul>
<h3 class="wp-block-heading">BWX Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWXT#NYSE">BWXT</a>)</h3>
<ul>
<li>BWX Technologies will issue a press release detailing third quarter results on Monday, Nov. 4, after the closing bell. The company's stock gained around 13% over the past month and has a<a href="https://www.benzinga.com/quote/BWXT"> 52-week high</a> of $128.00.</li>
<li>RSI Value: 71.66</li>
<li>BWXT Price Action: Shares of BWX Technologies gained 0.5% to close at $123.03 on Friday.</li>
</ul>
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/10/41545103/wall-streets-most-accurate-analysts-give-their-take-on-3-real-estate-stocks-delivering-high-dividend">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Real Estate Stocks Delivering High-Dividend Yields</a></li>
</ul>

Short Ideas

Pre-Market Outlook

BWXT

Top 3 Industrials Care Stocks That Plunge This Month

Market participants are almost fully pricing in a rate cut at the Federal Reserve&#8217;s Nov. 7 meeting as policymakers enter their customary pre-meeting blackout period, where officials abstain from public commentary leading up <a href="https://www.benzinga.com/topic/interest-rates">to the policy decision</a>.
Investors have further bolstered their rate-cut wagers during the week and now are assigning a 96% chance to a quarter-point rate cut, as per CME FedWatch tool. 
Next week&#8217;s economic data releases include a pivotal inflation report – the Personal Consumption Expenditure (PCE) price index for September – and October official labor statistics. The latter could see some volatility related to the impacts of hurricanes and strikes on the pace of employment growth and unemployment rate. 
Yet, expectations are underpinned by optimism within the Fed that the U.S. economy can sustain job growth without driving new inflationary pressures, suggesting the central bank may gradually unwind its policy restrictiveness.
<h3 class="wp-block-heading">Mixed Views Among Fed Officials On Rate Path</h3>
Federal Reserve officials have expressed varied perspectives on the pace and urgency of rate cuts over the past month. 
Minneapolis Fed President Neel Kashkari recently said to expect "modest cuts over the next quarters," warning that labor market weakness could accelerate the pace of rate reductions if needed.
Atlanta Fed President Raphael Bostic said he is "not in a rush on rate cuts," preferring to assess economic data to avoid premature action. 
San Francisco Fed President Mary Daly remarked that that policy adjustments will persist and there is no reason to halt rate cuts. 
Dallas Fed President Lorie Logan similarly leaned towards a gradual rate-cut approach and Chicago Fed President Austan Goolsbee emphasized that he does not see convincing evidence that the economy is overheating again.
Fed Governor Christopher Waller highlighted last week that over 100,000 jobs might be missing from the October payrolls report due to factors like recent hurricanes and labor strikes. This disruption could temporarily inflate the unemployment rate, though Waller stressed that the labor market remains "on solid footing." He affirmed the idea of proceeding with gradual rate cuts.
<h3 class="wp-block-heading">Market Reactions Signal Optimism Amid Rate Cuts, But Election Uncertainties Loom</h3>
September&#8217;s 50-basis-point rate cut injected fresh optimism into U.S. equity markets, with major indexes climbing in its wake. 
The S&amp;P 500, reflected by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), has gained roughly 3% since Sept. 18, peaking on Oct. 17. 
The tech-heavy Nasdaq 100, mirrored by the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), saw an even stronger rally, rising around 4% in the same period.
Data from Benzinga Pro highlights the top 10 large-cap performers from Sept. 18 to Oct. 25.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>% Change (Sept. 18 – Oct. 25)</td>
</tr>
<tr>
<td>MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)</td>
<td>79.7%</td>
</tr>
<tr>
<td>Astera Labs Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>)</td>
<td>51.74%</td>
</tr>
<tr>
<td>KE Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEKE#NYSE">BEKE</a>)</td>
<td>48.26%</td>
</tr>
<tr>
<td>JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>)</td>
<td>46.1%</td>
</tr>
<tr>
<td>Futu Holdings Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>) </td>
<td>46.0%</td>
</tr>
<tr>
<td>United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>)</td>
<td>41.55%</td>
</tr>
<tr>
<td>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</td>
<td>37.77%</td>
</tr>
<tr>
<td>Aurora Innovation Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>)</td>
<td>35.5%</td>
</tr>
<tr>
<td>SoFi Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>)</td>
<td>34.61%</td>
</tr>
<tr>
<td>Cameco Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>)</td>
<td>33.62%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent102524&amp;t=be2bearmibe3na1">Benzinga Pro</a> </figcaption></figure>
However, with the Fed&#8217;s potential rate cut decision set for just two days after the high-stakes presidential election, political uncertainties could weigh heavily on market sentiment in the upcoming weeks. 
Investors are especially keen for clarity on the economic policies each candidate intends to pursue, as the U.S. budget deficit looms as a pressing issue. 
The latest International Monetary Fund (IMF) <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41495286/deficit-strain-in-washington-will-get-worse-imf-warns-national-debt-projections-rev">projections suggest the U.S. deficit</a> will continue to widen, raising concerns over long-term fiscal stability and potential impacts on monetary policy going forward. 
Read now: 
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<li><a href="https://www.benzinga.com/news/global/24/10/41545408/tariffs-are-inflationary-imf-deputy-chief-rejects-trumps-trade-policies-as-elections-loom">&#8216;Tariffs Are Inflationary&#8217;: IMF Deputy Chief Rejects Trump&#8217;s Trade Policies As Elections Loom</a></li>
</ul>

Federal Reserve

ALAB

BEKE

FUTU

MSTR

SOFI

November Interest Rate Cut Almost A Done Deal As Blackout Begins: 10 Stocks Surging The Most Since Fed's Last Decision

Financial giants have made a conspicuous bullish move on United Airlines Holdings. Our analysis of options history for United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) revealed 24 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 29% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $667,562, and 15 were calls, valued at $5,896,475.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $45.0 to $85.0 for United Airlines Holdings over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in United Airlines Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to United Airlines Holdings's substantial trades, within a strike price spectrum from $45.0 to $85.0 over the preceding 30 days.
<h3>United Airlines Holdings 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729876548_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$18.9</td>
<td>$18.3</td>
<td>$18.88</td>
<td>$57.50</td>
<td>$5.1M</td>
<td>10.6K</td>
<td>5.4K</td>
</tr>
<tr>
<td>UAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$17.6</td>
<td>$17.25</td>
<td>$17.25</td>
<td>$85.00</td>
<td>$317.4K</td>
<td>32</td>
<td>0</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$23.45</td>
<td>$23.4</td>
<td>$23.4</td>
<td>$60.00</td>
<td>$191.5K</td>
<td>2.8K</td>
<td>82</td>
</tr>
<tr>
<td>UAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$8.35</td>
<td>$8.05</td>
<td>$8.05</td>
<td>$60.00</td>
<td>$108.8K</td>
<td>128</td>
<td>136</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$21.95</td>
<td>$21.85</td>
<td>$21.85</td>
<td>$62.50</td>
<td>$65.5K</td>
<td>934</td>
<td>66</td>
</tr>
</tbody>
</table>

<h3>About United Airlines Holdings</h3>
United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large US peers.
In light of the recent options history for United Airlines Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of United Airlines Holdings</h3>
<ul>
<li>With a trading volume of 4,670,101, the price of UAL is up by 0.39%, reaching $74.8.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 88 days from now.</li>
</ul>
<h3>What Analysts Are Saying About United Airlines Holdings</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $82.8.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Jefferies continues to hold a Buy rating for United Airlines Holdings, targeting a price of $75. 
&#x2A; An analyst from B of A Securities has decided to maintain their Buy rating on United Airlines Holdings, which currently sits at a price target of $84. 
&#x2A; An analyst from TD Cowen has decided to maintain their Buy rating on United Airlines Holdings, which currently sits at a price target of $100. 
&#x2A; Maintaining their stance, an analyst from Bernstein continues to hold a Outperform rating for United Airlines Holdings, targeting a price of $85. 
&#x2A; Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for United Airlines Holdings, targeting a price of $70. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for United Airlines Holdings, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

What the Options Market Tells Us About United Airlines Holdings

The U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>) is soaring, up 51.65% over the past year, <a href="https://www.benzinga.com/topic/airlines">powered by strong gains</a> in its top holdings, including Delta Air Lines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) and Southwest Airlines Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>).
The ETF just made a Golden Cross, a bullish signal signaling more upside ahead.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="628" height="455" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/25121959/Screenshot-2024-10-25-at-9.26.43-PM.png" alt="" class="wp-image-614855" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/25121959/Screenshot-2024-10-25-at-9.26.43-PM.png 628w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/25121959/Screenshot-2024-10-25-at-9.26.43-PM-300x217.png 300w" sizes="(max-width: 628px) 100vw, 628px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102524&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Chart created using Benzinga Pro</a>
The 50-day simple moving average (SMA) at $19.95 has crossed above the 200-day SMA at $19.71, triggering a bullish trend.
As travel demand rebounds, the airline industry is riding high. But as we head into the final quarter of 2024, can the sector maintain altitude with looming challenges ahead?
Read Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41429116/delta-air-lines-soars-with-a-golden-cross-new-cabins-new-heights">Delta Air Lines Soars With A Golden Cross: New Cabins, New Heights</a>
<h2 class="wp-block-heading">JETS ETF Soars, Backed by Airline Giants</h2>
The JETS ETF, with Delta and Southwest among its top holdings, has been a high-flyer in 2023. It's up 20.33% year-to-date, supported by United Airlines Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) stellar performance.
United recently hit a 52-week high after posting strong third-quarter earnings, which exceeded expectations with $3.33 per share and $14.84 billion in revenue. 
Despite some turbulence, including a slight dip in revenue per available seat mile (RASM), United&#8217;s future outlook remains optimistic with solid free cash flow of $3.4 billion year-to-date.
With a strong 83.64% year-to-date rise in United&#8217;s stock price, investors in the JETS ETF have been smiling, but the road ahead could get bumpy for other airline stocks like Delta and Southwest.
<h2 class="wp-block-heading">Delta Battles Headwinds After Outage</h2>
Delta Air Lines has had its fair share of turbulence lately. The airline reported that a costly technology outage during the summer, involving cybersecurity companies CrowdStrike Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), wiped out $380 million in revenue.
Despite the hit, Delta posted $15.68 billion in revenue for the third quarter, but it fell short of analysts' expectations.
Even so, Delta is banking on strong holiday demand to lift its fourth-quarter earnings, projecting revenues to rise between 2% and 4%. But with looming election uncertainty briefly deterring air travel, and its capacity for future tech failures now a concern, can Delta regain momentum?
<h2 class="wp-block-heading">Southwest Beats Expectations, But Boeing Concerns Linger</h2>
Meanwhile, Southwest Airlines posted an unexpected earnings beat in its third quarter report, with 15 cents EPS versus breakeven forecasts. Revenue also surpassed estimates at $6.87 billion, thanks to higher-than-expected travel demand. But despite the positive earnings, Southwest's stock dipped due to concerns over potential Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) delivery delays, adding uncertainty to its future growth.
Southwest also inked an agreement with activist investor Elliott Investment Management, which could lead to further strategic changes. The airline&#8217;s cautious tone around Boeing delays may cause some turbulence in the short term, but long-term investors might want to keep their seat belts fastened for future gains.
<h2 class="wp-block-heading">What's Next For Airline Investors?</h2>
As the fourth quarter unfolds, investors in the JETS ETF and individual airline stocks will be watching closely. Will strong travel demand be enough to offset the headwinds facing Delta and Southwest? 
And can the industry's investments in infrastructure, technology, and partnerships with companies like Microsoft lead to smoother skies in 2025?
With Delta battling outages, Southwest navigating Boeing uncertainties, and United soaring ahead, the airline industry has plenty of drama left in the tank. 
For now, it's time for investors to sit tight and prepare for what could be a bumpy ride ahead.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41389438/united-delta-fly-high-lift-industrial-stocks-beyond-s-p-500-gains">United, Delta Fly High, Lift Industrial Stocks Beyond S&amp;P 500 Gains</a></li>
</ul>
Image: Unsplash

Technicals

CRWD

JETS

MSFT

JETS ETF Takes Flight While Delta, Southwest Face Turbulence: What's Next For Airline Stocks?

As global airlines navigate shifting demand and rising operational costs, many are scaling back flights to China or pulling out entirely.
<a target="_blank" href="https://www.cnbc.com/2024/10/25/china-sees-global-airlines-cut-flights-or-quit-totally-amid-weak-demand.html" rel="noreferrer noopener">According to CNBC</a>, Virgin Atlantic and Scandinavian Airlines have withdrawn from the Chinese market, citing high costs on extended routes and reduced demand.
Following the closure of Russian airspace, European carriers face increased expenses on longer routes to Asia, while Chinese airlines, unaffected by these restrictions, maintain direct and cheaper flights.
In response, European airlines are reallocating resources to more profitable routes. British Airways, for instance, has seen higher load factors on flights to Cape Town compared to those to China, CNBC writes.
While the closure of Russian airspace adds costs, weak demand stemming from China's economic slowdown and limited international interest in travel to China has also prompted these shifts.
A few days ago, reports emerged that <a target="_blank" href="https://www.benzinga.com/markets/asia/24/10/41324527/as-chinas-stimulus-hype-wanes-beijing-reportedly-weighs-850b-special-treasury-bonds-to-stimulate-eco" rel="noreferrer noopener">China plans to issue 6 trillion yuan ($850 billion)</a> in special treasury bonds over the next three years to stimulate its slowing economy and help local governments manage hidden debt.
While hints of fiscal support initially lifted investor sentiment, the absence of a comprehensive economic package has disappointed traders, leading to a recent downturn in U.S.-listed Chinese stocks.
U.S. airlines are also scaling back services to China but maintain minimal routes to preserve market presence.
Chinese carriers are near pre-pandemic capacity internationally (90%), while foreign airlines have reduced to 60% of 2019 levels, often attributing this to overcapacity and competition.
Meanwhile, Middle Eastern carriers, such as Emirates and Gulf Air, continue expanding routes to China, while flights from India and the U.S. remain limited due to political and regulatory challenges.
With demand low and facing route restrictions, U.S. airlines have redirected capacity within the Asia-Pacific region, urging the U.S. government to cap Chinese carriers' access and restore competitive balance, <a target="_blank" href="https://www.asiafinancial.com/less-foreign-airlines-flying-to-china-as-local-carriers-expand" rel="noreferrer noopener">mentioned Asia Financial</a>.
The trouble for U.S.-based carriers doesn't end at low demand from China. The <a target="_blank" href="https://www.benzinga.com//node/41524809" rel="noreferrer noopener">structural issues</a> with Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) have led to delayed aircraft deliveries, affecting capacity expansion.
Also Read: <a target="_blank" href="https://www.benzinga.com//node/41533977" rel="noreferrer noopener">Boeing Reports $6B Q3 Loss: ‘This Is The Bottom,' Says Analyst</a>
Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) shares fell Thursday despite the airline reporting better-than-expected third-quarter earnings and reaching a pivotal agreement with activist investor Elliott Investment Management.
While the Elliott deal <a href="https://www.benzinga.com/news/earnings/24/10/41523606/southwest-shares-drop-despite-strong-earnings-elliott-deal-ceo-warns-of-boeing-delivery-delays-if-s" target="_blank" rel="noreferrer noopener">resolves internal management</a> issues, Southwest still faces external challenges related to the Boeing strike. Southwest CEO Bob Jordan told CNBC that the ongoing strike at represents a potential risk to aircraft deliveries planned for 2025.
Photo via Shutterstock

Emerging Markets

Media

ALGT

Trouble For US Airlines: China Demand Slump, Boeing Strike, Global Carriers Shifting Focus

Agencies Seek Information on Consolidation, Anticompetitive Conduct and a Wide Range of Issues Impacting the Availability and Affordability of Air Travel Options
The Justice Department&#39;s Antitrust Division and Department of Transportation (DOT) today jointly announced a broad public inquiry into the state of competition in air travel. The agencies are seeking public information on consolidation, anticompetitive conduct and a wide range of issues affecting the availability and affordability of air travel options. The topics covered in the agencies&#39; joint Request for Information (RFI) include previous airline mergers, exclusionary conduct, airport access, aircraft manufacturing, airline ticket sales, pricing and rewards practices and the experiences of aviation workers.
<a href="https://www.justice.gov/opa/pr/justice-department-and-department-transportation-launch-broad-public-inquiry-state" title="https://www.justice.gov/opa/pr/justice-department-and-department-transportation-launch-broad-public-inquiry-state">https://www.justice.gov/opa/pr/justice-department-and-department-transportation-launch-broad-public-inquiry-state</a>

Reported Earlier, 'Justice Department and Department of Transportation Launch Broad Public Inquiry into the State of Competition in Air Travel' - DOJ

United Airlines Holdings's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NYSE">UAL</a>) short percent of float has risen 8.43% since its last report. The company recently reported that it has 16.43 million shares sold short, which is 5.66% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.19 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>United Airlines Holdings Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729698313_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for United Airlines Holdings has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing United Airlines Holdings's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, United Airlines Holdings's peer group average for short interest as a percentage of float is 11.29%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Looking Into United Airlines Holdings's Recent Short Interest

Jefferies analyst Sheila Kahyaoglu maintains United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) with a Buy and raises the price target from $75 to $95.

Price Target

Analyst Ratings

Jefferies Maintains Buy on United Airlines Holdings, Raises Price Target to $95

These eleven large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) stock gained 24.85% last week after Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com//node/41386011" target="_blank" rel="noreferrer noopener">rose above $67,000</a>.</li>
<li>United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) stock jumped 19.98% after the company reported better-than-expected&nbsp;fourth-quarter results and announced a&nbsp;$1.5 billion&nbsp;buyback program. Several analysts<a href="https://www.benzinga.com//node/41387797" target="_blank" rel="noreferrer noopener"> changed their price targets</a>.</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) stock upped 17.01%.</li>
<li>Ericsson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIC#NASDAQ">ERIC</a>) stock grew 13.18% following a&nbsp;third-<a href="https://www.benzinga.com//node/41326902" target="_blank" rel="noreferrer noopener">quarter earnings beat</a>.</li>
<li>Cameco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) stock was up 12.99%, probably due to strength in nuclear names. The stock rose after Amazon Web Services announced plans to invest <a href="https://www.benzinga.com//node/41358363" target="_blank" rel="noreferrer noopener">over&nbsp;$500 million&nbsp;in nuclear power</a>.</li>
<li>SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) stock gained 12.99% after the company announced a <a href="https://www.benzinga.com//node/41313080" target="_blank" rel="noreferrer noopener">$2 billion loan platform</a> business agreement for personal loans with funds managed by affiliates of Fortress Investment Group.</li>
<li>Blackstone Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) stock increased 12.62% after multiple analysts raised their price targets following the company&#8217;s <a href="https://www.benzinga.com//node/41405312" target="_blank" rel="noreferrer noopener">recent&nbsp;third-quarter earnings report</a>.</li>
<li>The Travelers Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) shares rose 12.20% after reporting better-than-expected&nbsp;<a href="https://www.benzinga.com//node/41379650" target="_blank" rel="noreferrer noopener">third-quarter&nbsp;results</a>.</li>
<li>Snap-On Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNA#NYSE">SNA</a>) shares were up 11.75% after the company reported better-than-<a href="https://www.benzinga.com//node/41380823" target="_blank" rel="noreferrer noopener">expected&nbsp;third-quarter results</a>.</li>
<li>AngloGold Ashanti PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) stock increased 11.59%, probably owing to a rise in the price of gold and silver.</li>
<li>Blue Owl Capital Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OWL#NYSE">OWL</a>) shares were up 11.45%. The company, along with Crusoe and Primary Digital Infrastructure, formed a $3.4 billion joint venture to develop AI data centers.</li>
</ol>
Also Read:
<ul>
<li><a href="https://www.benzinga.com//node/41418999">NIO, ASML, And CVS Health Are Among Top 10 Large Cap Losers Last Week (Oct 14-18): Are The Others In Your Portfolio?</a></li>
</ul>
Photo by Useacoin on Shutterstock

COIN

ERIC

Coinbase, United Airlines And Sofi Tech Are Among Top 11 Large Cap Gainers Last Week (Oct 14-18): Are The Others In Your Portfolio?

Financial giants have made a conspicuous bearish move on United Airlines Holdings. Our analysis of options history for United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) revealed 59 unusual trades.
Delving into the details, we found 42% of traders were bullish, while 47% showed bearish tendencies. Out of all the trades we spotted, 18 were puts, with a value of $4,003,104, and 41 were calls, valued at $5,898,846.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $38.0 to $90.0 for United Airlines Holdings during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for United Airlines Holdings's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of United Airlines Holdings's whale activity within a strike price range from $38.0 to $90.0 in the last 30 days. 
<h3>United Airlines Holdings 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729284330_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>UAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$9.15</td>
<td>$9.1</td>
<td>$9.15</td>
<td>$75.00</td>
<td>$935.2K</td>
<td>5.6K</td>
<td>2.5K</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$5.3</td>
<td>$5.25</td>
<td>$5.25</td>
<td>$75.00</td>
<td>$368.5K</td>
<td>17.1K</td>
<td>2.2K</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$11.35</td>
<td>$11.2</td>
<td>$11.2</td>
<td>$65.00</td>
<td>$340.5K</td>
<td>6.5K</td>
<td>825</td>
</tr>
<tr>
<td>UAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$9.3</td>
<td>$9.15</td>
<td>$9.15</td>
<td>$75.00</td>
<td>$334.9K</td>
<td>5.6K</td>
<td>2.5K</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$5.25</td>
<td>$5.2</td>
<td>$5.2</td>
<td>$75.00</td>
<td>$329.9K</td>
<td>17.1K</td>
<td>1.2K</td>
</tr>
</tbody>
</table>

<h3>About United Airlines Holdings</h3>
United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large US peers.
<h3>United Airlines Holdings's Current Market Status</h3>
<ul>
<li>With a volume of 8,318,667, the price of UAL is up 0.78% at $73.9. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 95 days.</li>
</ul>
<h3>What The Experts Say On United Airlines Holdings</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $83.6.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Susquehanna has decided to maintain their Positive rating on United Airlines Holdings, which currently sits at a price target of $70. 
&#x2A; An analyst from Jefferies has decided to maintain their Buy rating on United Airlines Holdings, which currently sits at a price target of $75. 
&#x2A; Consistent in their evaluation, an analyst from TD Cowen keeps a Buy rating on United Airlines Holdings with a target price of $100. 
&#x2A; An analyst from Susquehanna has decided to maintain their Positive rating on United Airlines Holdings, which currently sits at a price target of $85. 
&#x2A; Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for United Airlines Holdings, targeting a price of $88. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest United Airlines Holdings options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Behind the Scenes of United Airlines Holdings's Latest Options Trends

United Airlines shares hit a new 52-week high of $74.56 this week. The company's third-quarter earnings report were released Tuesday after the market closed.
United Airlines Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) shares hit a new 52-week high of $74.56 this week following the company&#8217;s third-quarter earnings report released Tuesday <a href="https://www.benzinga.com/news/earnings/24/10/41345371/united-airlines-q3-earnings-revenue-beat-eps-beat-1-5b-buyback-clear-inflection-point">after the market closed</a>. 
What Happened: The Chicago-headquartered airline reported revenue of $14.843 billion, exceeding the consensus estimate of $14.783 billion, while adjusted earnings per share reached $3.33, surpassing analyst predictions of $3.13.
UAL&#8217;s capacity grew by 4.1% year-over-year, indicating an expansion in service expected to bolster future revenue. Despite a slight decrease in total revenue per available seat mile (TRASM) of 1.6%, operating cash flow remained strong at $7.2 billion, with free cash flow totaling $3.4 billion year-to-date.
This fiscal strength is further emphasized by United's liquidity position of $17.1 billion, although it carries $25.7 billion in total debt and finance lease obligations.
Read Also: <a href="https://www.benzinga.com/news/earnings/24/10/41400722/american-express-q3-earnings-profit-beats-estimate-card-spending-grows-revises-annual-outlook">American Express Q3 Earnings: Profit Beats Estimate, Card Spending Grows, Revises Annual Outlook</a>
CEO Scott Kirby noted that the removal of unproductive capacity from the market in mid-August led to a notable improvement in revenue trends, allowing United to exceed third-quarter expectations. 
His comments reflect a positive outlook for the airline, highlighting a strategy focused on enhancing customer experience through initiatives like United Next.
What Else: In a move that signals confidence in its financial trajectory, United's board approved a new share repurchase program worth up to $1.5 billion, which could potentially bolster stock performance by reducing the number of shares outstanding. 
However, the airline's outlook for the fourth quarter suggests a slight pullback in adjusted earnings expectations, projecting earnings per share between $2.50 and $3, compared to analyst estimates of $3.17.
Overall, the strong financial results and strategic initiatives are likely to positively influence United Airlines&#8217; stock performance, continuing the bullish momentum it has experienced throughout the year, with a reported gain of 56% so far. 
As investors react to the earnings report, the market will closely monitor United's capacity management and customer experience enhancements, which are essential for sustaining its competitive position in the airline industry.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41402089/goldman-sachs-highlights-20-top-short-squeeze-opportunities-for-q3-earnings-season">Goldman Sachs Highlights 20 Top Short-Squeeze Opportunities For Q3 Earnings Season</a>
<h2 class="wp-block-heading">How To Buy UAL Stock</h2>
By now you're likely curious about how to participate in the market for United Airlines Holdings &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
In the the case of United Airlines Holdings, which is trading at $73.33 as of publishing time, $100 would buy you 1.36 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, UAL has a 52-week high of $74.56 and a 52-week low of $33.68.

Why United Airlines (UAL) Stock Hit A New 52-Week High

Over the past month, industrial stocks have taken off, with the Industrial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) surging by 6.10%, outpacing <a href="https://www.benzinga.com/topic/s-p-500">the broader S&amp;P 500's</a> 3.72% gain.
The charge was led by aviation giants United Airlines Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) and Delta Air Lines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), two standout performers within the industrial sector.
<h2 class="wp-block-heading">United Airlines Takes Off</h2>
United Airlines soared by 41% in the past month, boosting the XLI ETF.
The airline has been on a winning streak, up 51.78% over the last six months and 81.68% year-to-date. Investors seem to be enjoying the high-altitude ride after United posted better-than-expected third-quarter financial results and announced a $1.5 billion share buyback program.
The airline reported third-quarter revenue of $14.843 billion, surpassing analyst expectations of $14.783 billion, while its adjusted earnings per share came in at $3.33, comfortably beating the $3.13 forecast. These strong results gave United's stock the fuel it needed to skyrocket, further propelling the XLI ETF.
Read Also: <a href="https://www.benzinga.com/trading-ideas/short-ideas/24/10/41379166/spirit-airlines-struggles-to-regain-altitude-as-competitors-soar-bankruptcy-concerns-in">Spirit Airlines Struggles To Regain Altitude As Competitors Soar, Bankruptcy Concerns Intensify</a>
<h2 class="wp-block-heading">Delta Keeps Climbing</h2>
Delta Air Lines wasn't far behind, with its stock gaining 18% over the last month and 15% over the past six months. Year-to-date, Delta has seen a 36% increase in its stock price, with an even more remarkable 59% growth over the past year.
Although Delta reported mixed third-quarter results, the airline beat revenue expectations, bringing in $15.677 billion, slightly higher than analysts&#8217; projections of $14.674 billion.
However, Delta's earnings per share were a bit light at $1.50, just shy of the $1.52 consensus, due, in part, to a 9% drop in average fuel prices from the prior year. Despite the mixed bag, Delta's performance continues to make waves, reinforcing its position as a leading stock in the industrials space.
With the aviation sector soaring, XLI has not only kept pace with the broader market but also significantly outperformed it, with both United and Delta driving much of the altitude gain.
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United, Delta Fly High, Lift Industrial Stocks Beyond S&P 500 Gains

United Airlines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) reported better-than-expected third-quarter financial results and announced a $1.5 billion buyback program, after the <a href="https://www.benzinga.com/news/earnings/24/10/41345371/united-airlines-q3-earnings-revenue-beat-eps-beat-1-5b-buyback-clear-inflection-point">closing bell on Tuesday</a>.
United Airlines reported third-quarter revenue of $14.843 billion, beating the consensus estimate of $14.783 billion, according to Benzinga Pro. The airline company reported adjusted earnings of $3.33 per share, beating analyst estimates of $3.13 per share.
"As predicted, unproductive capacity left the market in mid-August, and we saw a clear inflection point in our revenue trends that propelled United to exceed third-quarter expectations," said Scott Kirby, CEO of United Airlines. "A prosperous summer 2024 is just the beginning as our improved customer experience combined with United Next positions the airline at the top of the industry for the foreseeable future."
United Airlines expects fourth-quarter adjusted earnings to be in the range of $2.50 to $3 per share versus estimates of $3.17 per share, according to Benzinga Pro. The company said it continues to expect full-year 2024 adjusted capital expenditures to be less than $6.5 billion.
United Airlines shares gained 2.9% to trade at $74.12 on Thursday.
These analysts made changes to their price targets on United Airlines following earnings announcement.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5880b6f277f9dd00011b0aab/ravi-shanker">Morgan Stanley analyst Ravi Shanker</a> maintained United Airlines with an Overweight and raised the price target from $80 to $88.</li>
<li>B of A Securities analyst Andrew Didora maintained the stock with a Buy and raised the price target from $70 to $84.</li>
<li>Susquehanna analyst Christopher Stathoulopoulos maintained United Airlines with a Positive and boosted the price target from $70 to $85.</li>
<li>Bernstein analyst David Vernon maintained the stock with an Outperform and raised the price target from $68 to $85.</li>
<li>TD Cowen analyst Helane Becker maintained United Airlines with a Buy and raised the price target from $80 to $100.</li>
</ul>
Considering buying UAL stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="510" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17132218/image-153-1024x510.png" alt="" class="wp-image-601319" style="width:689px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17132218/image-153-1024x510.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17132218/image-153-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17132218/image-153-768x383.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/17132218/image-153.png 1330w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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