Airline Stock Draws Options Traders Ahead of Earnings

Group 1 - Options traders are significantly targeting United Airlines Holdings Inc (NASDAQ:UAL) stock ahead of its third-quarter earnings report, with 77,000 calls and 23,000 puts traded, which is five times the typical daily options volume [1] - The most popular option is the weekly 10/10 103-strike call, with new positions being opened [1] - United Airlines stock is currently up 1.8% at $98.41, marking a positive trend for 2025 and bouncing off the 80-day moving average and the $93 level, which previously acted as resistance [2] Group 2 - Zacks Investment Research projects earnings of $2.63 per share for United Airlines, reflecting a 20.7% year-over-year decrease, while revenue is expected to be $15.27 billion, a 2.9% increase from the same quarter last year [4] - Historically, the stock has finished five of its last eight post-earnings sessions higher, with an average move of 6.5% over the last two years, regardless of direction [4] - The options market is currently pricing in a swing of 12.1% for the upcoming earnings report [4]