United Airlines Stock Extends Bounce After Earnings

Group 1 - United Airlines Holdings Inc (NASDAQ:UAL) shares increased by 3.1% to $69.03 following better-than-expected first-quarter earnings results [1] - The airline reported stable forward bookings and provided two full-year outlooks, describing the economy as "impossible to predict" [1] - Despite the recent gains, UAL's stock has decreased approximately 30% year-to-date and is significantly lower than its January 22 record high of $116 [1] Group 2 - In the options market, there has been a notable increase in activity with 28,000 calls and 24,000 puts exchanged, which is four times the typical volume [2] - The most popular options contracts are the April 70 call and the 68 call, with new positions being opened in the latter [2] Group 3 - The stock's Schaeffer's Volatility Scorecard (SVS) is 95 out of 100, indicating that UAL has consistently outperformed options traders' volatility expectations over the past year [3]