U.S. airline shares tumble as Buffett sell-off adds to worries
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Continued Put Buying in American Airlines (AAL) & United Airlines (UAL) Highlights Long-Term Bearish Sentiment in Shares -Susquehanna
May 6, 2020 2:09 PM EDTSusquehanna options strategist Alison Edwards notes bearish options activity in the airline names, as there was continued put buying particularly focused in the long term options. An opening investor in American Airlines (NYSE: AAL) bought 5k Jan'22 3 puts for $1.54, while another opening investor in... More
