American Airlines Stock Options Expiring on 7th of June

AAL Stock  USD 14.52  0.21  1.43%   
American Airlines' latest option contracts expiring on 2024-06-07 are carrying combined implied volatility of 42.12 with a put-to-call open interest ratio of 3.25 over 70 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-06-07. The current put volume is at 8158, with calls trading at the volume of 1203. This yields a 6.78 put-to-call volume ratio. The American Airlines option chain provides detailed quote and price information for the current American Airlines Group option contracts. It shows all of American Airlines' listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-06-07 Option Contracts

American Airlines option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in American Airlines' lending market. For example, when American Airlines' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on American Airlines, he or she must hedge the risk by shorting American Airlines stock over its option's life.
The chart above shows American Airlines' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. American Airlines' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for American Airlines' option, there is no secondary market available for investors to trade.

American Airlines Maximum Pain Price across 2024-06-07 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as American Airlines close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
American Airlines' stock options are financial instruments that give investors the right to buy or sell shares of American Airlines common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell American stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If American Airlines' stock price goes up or down, the stock options follow.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Airlines Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Please note that buying 'in-the-money' options on American Airlines lessens the impact of time decay, as they carry both intrinsic and time value. So, even if American Airlines' value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money American Airlines contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if American Stock moves the wrong way.
At this time, American Airlines' Common Stock Shares Outstanding is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 140.7 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 34.1 B.

American Airlines In The Money Call Balance

When American Airlines' strike price is surpassing the current stock price, the option contract against American Airlines Group stock is said to be in the money. When it comes to buying American Airlines' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on American Airlines Group are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

American Current Options Market Mood

American Airlines' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps American Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of American Airlines' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. American Airlines' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current American Airlines' option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current American contract

Base on the Rule 16, the options market is currently suggesting that American Airlines Group will have an average daily up or down price movement of about 2.63% per day over the life of the 2024-06-07 option contract. With American Airlines trading at USD 14.52, that is roughly USD 0.38. If you think that the market is fully incorporating American Airlines' daily price movement you should consider buying American Airlines Group options at the current volatility level of 42.12%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  

American Airlines Option Chain

When American Airlines' strike price is surpassing the current stock price, the option contract against American Airlines Group stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
American Airlines' option chain is a display of a range of information that helps investors for ways to trade options on American. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for American. It also shows strike prices and maturity days for a American Airlines against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2024-06-07 CALL at $2.50.97330.002902024-06-0712.0 - 12.80.0In
Call
2024-06-07 CALL at $5.00.96350.007302024-06-079.3 - 10.150.0In
Call
2024-06-07 CALL at $6.00.95950.009702024-06-077.5 - 9.90.0In
Call
2024-06-07 CALL at $7.00.8950.013702024-06-077.45 - 9.650.0In
Call
2024-06-07 CALL at $8.00.87980.018602024-06-076.2 - 8.650.0In
Call
2024-06-07 CALL at $8.50.86720.021102024-06-075.8 - 8.150.0In
Call
2024-06-07 CALL at $9.00.84460.022102024-06-074.05 - 6.80.0In
Call
2024-06-07 CALL at $9.50.8710.030502024-06-075.0 - 6.150.0In
Call
2024-06-07 CALL at $10.00.83250.032202024-06-074.5 - 6.350.0In
Call
2024-06-07 CALL at $10.50.86960.042802024-06-072.95 - 4.40.0In
Call
2024-06-07 CALL at $11.00.79170.040332024-06-073.5 - 5.73.48In
Call
2024-06-07 CALL at $11.50.77250.046702024-06-073.0 - 5.23.0In
Call
2024-06-07 CALL at $12.00.84250.077652024-06-071.65 - 2.813.23In
Call
2024-06-07 CALL at $12.50.84290.1013422024-06-071.88 - 2.62.7In
Call
2024-06-07 CALL at $13.00.88880.136452024-06-071.6 - 2.341.61In
Call
2024-06-07 CALL at $13.50.79510.20531382024-06-071.18 - 1.221.13In
Call
2024-06-07 CALL at $14.00.67720.27292362024-06-070.81 - 0.840.8In
Call
2024-06-07 CALL at $14.50.52840.3224132024-06-070.51 - 0.530.51In
Call
2024-06-07 CALL at $15.00.37750.29649372024-06-070.29 - 0.320.32Out
Call
2024-06-07 CALL at $15.50.23430.252219132024-06-070.16 - 0.180.16Out
Call
2024-06-07 CALL at $16.00.14440.180110312024-06-070.08 - 0.10.09Out
Call
2024-06-07 CALL at $16.50.08630.12051162024-06-070.04 - 0.060.05Out
Call
2024-06-07 CALL at $17.00.05360.07953662024-06-070.02 - 0.050.03Out
Call
2024-06-07 CALL at $17.50.04210.05932502024-06-070.01 - 0.040.06Out
Call
2024-06-07 CALL at $18.00.03250.04451612024-06-070.01 - 0.030.04Out
Call
2024-06-07 CALL at $18.50.01770.0269952024-06-070.01 - 0.040.01Out
Call
2024-06-07 CALL at $19.00.01640.02352024-06-070.0 - 0.040.01Out
 Put
2024-06-07 PUT at $9.0-0.0090.007912024-06-070.0 - 0.020.01Out
 Put
2024-06-07 PUT at $9.5-0.12510.030602024-06-070.01 - 1.030.0Out
 Put
2024-06-07 PUT at $10.0-0.01880.01681032024-06-070.01 - 0.460.02Out
 Put
2024-06-07 PUT at $10.5-0.02480.0231302024-06-070.01 - 0.040.02Out
 Put
2024-06-07 PUT at $11.0-0.03180.03135082024-06-070.01 - 0.050.03Out
 Put
2024-06-07 PUT at $11.5-0.05470.04965132024-06-070.01 - 0.10.02Out
 Put
2024-06-07 PUT at $12.0-0.05130.05943722024-06-070.02 - 0.040.04Out
 Put
2024-06-07 PUT at $12.5-0.05030.07542632024-06-070.03 - 0.040.03Out
 Put
2024-06-07 PUT at $13.0-0.09580.13226642024-06-070.06 - 0.080.06Out
 Put
2024-06-07 PUT at $13.5-0.18960.210710102024-06-070.12 - 0.140.14Out
 Put
2024-06-07 PUT at $14.0-0.31340.288611092024-06-070.25 - 0.270.26Out
 Put
2024-06-07 PUT at $14.5-0.47190.332388182024-06-070.45 - 0.480.46Out
 Put
2024-06-07 PUT at $15.0-0.63840.322752872024-06-070.73 - 0.760.74In
 Put
2024-06-07 PUT at $15.5-0.77390.2553812024-06-071.1 - 1.131.15In
 Put
2024-06-07 PUT at $16.0-0.80740.1807222024-06-071.52 - 1.651.62In
 Put
2024-06-07 PUT at $16.5-0.68520.113942024-06-071.4 - 2.531.55In
 Put
2024-06-07 PUT at $17.0-0.76220.1103102024-06-072.05 - 2.822.8In
 Put
2024-06-07 PUT at $17.5-0.69540.084902024-06-072.21 - 5.10.0In
 Put
2024-06-07 PUT at $18.0-0.72930.080302024-06-072.51 - 5.60.0In
 Put
2024-06-07 PUT at $18.5-0.73090.072812024-06-073.85 - 5.354.0In
 Put
2024-06-07 PUT at $19.0-0.74060.067602024-06-073.75 - 6.455.43In
 Put
2024-06-07 PUT at $19.5-0.71630.060702024-06-074.85 - 6.70.0In
 Put
2024-06-07 PUT at $20.0-0.90270.052522024-06-074.45 - 5.65.15In
 Put
2024-06-07 PUT at $20.5-0.77840.056502024-06-074.95 - 8.10.0In
 Put
2024-06-07 PUT at $21.0-0.87070.050302024-06-075.45 - 7.950.0In
 Put
2024-06-07 PUT at $22.0-0.71540.046302024-06-077.4 - 9.550.0In
 Put
2024-06-07 PUT at $23.0-0.72060.043102024-06-078.4 - 10.60.0In
 Put
2024-06-07 PUT at $24.0-0.82990.040702024-06-079.4 - 10.450.0In
 Put
2024-06-07 PUT at $25.0-0.82450.038302024-06-079.7 - 12.250.0In

American Airlines Total Stockholder Equity Over Time

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
   Total Stockholder Equity   
       Timeline  

American Airlines Common Stock Shares Outstanding Over Time

The total number of shares of a company's common stock that are currently owned by all its shareholders.
   Common Stock Shares Outstanding   
       Timeline  

American Total Stockholder Equity

Total Stockholder Equity

(4.94 Billion)

The company's current value of Total Stockholder Equity is estimated at (4.94 Billion)

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American Airlines Corporate Management

Elected by the shareholders, the American Airlines' board of directors comprises two types of representatives: American Airlines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of American. The board's role is to monitor American Airlines' management team and ensure that shareholders' interests are well served. American Airlines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, American Airlines' outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephen JohnsonExecutive VP of Corporate AffairsProfile
Scott LongManaging RelationsProfile
Mecole BrownSenior OfficerProfile
Ronald DefeoSenior OfficerProfile
Vasu RajaExecutive OfficerProfile

Already Invested in American Airlines Group?

The danger of trading American Airlines Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of American Airlines is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than American Airlines. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile American Airlines is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether American Airlines is a strong investment it is important to analyze American Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Airlines' future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Airlines Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the American Airlines information on this page should be used as a complementary analysis to other American Airlines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is American Airlines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Airlines. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Earnings Share
0.71
Revenue Per Share
81.227
Quarterly Revenue Growth
0.031
Return On Assets
0.0351
The market value of American Airlines is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Airlines' value that differs from its market value or its book value, called intrinsic value, which is American Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Airlines' market value can be influenced by many factors that don't directly affect American Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.