Airline Stock Draws Options Traders Ahead of Earnings

Options traders are targeting United Airlines Holdings Inc (NASDAQ:UAL) stock ahead of its third-quarter earnings report, due out after the close on Wednesday, October 15. So far today, UAL has seen 77,000 calls and 23,000 puts cross the tape -- five times the overall options volume it typically sees in an entire session. The weekly 10/10 103-strike call is the most popular by far, with new positions being sold to open there. At last glance, United Airlines stock was up 1.8% at $98.41, inching into positive ...