- How Stock Investors Can Play Holiday Travel
- 3 Growth Opportunities in Tech: Analyst
- Prep Your Portfolio for Next Week: Stock Pickers
- Global Growth Good for Portfolio: Stock Picker
- Expect Tech Sector to Rise in Q4: Strategist
- Expect a 5-10% Market Pullback: Stock Picker
- 3 Stock Picks for This Volatile Environment: Portfolio Manager
- 3 Financial Stocks May Lead Final Rally: Market Researcher
- Gold's 'Money' Value is $4,000 to $11,000: Market Strategist
- Commercial Real Estate Bottom Near: Market Pro
MOST SHARED
- Analyze This?
- Realty Check: USDA Home Loans
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Health Care Bill Nears Test Vote
- Bove: Expect Goldman To Increase Dividend Meaningfully
- Warren Buffett and Bill Gates: Keeping America Great
- 100% Mortgage Financing From USDA
- Inside A Revolutionary Brain Cancer Treatment
- How Stock Investors Can Play Holiday Travel
- Time Lapse World Series Is A Great Play
- Hirschhorn: Greed...or Fear
- My Top 10 Tech Toys for the Holidays
- iPhone a Better Gaming Platform Than Android?
- May Day For Dendreon
- 100% Mortgage Financing From USDA
- Holiday Tipping: Who And How Much
- Deep Discounts Should Make It a Very Tech-y Holiday
- Health Care Bill Nears Test Vote
- Thanksgiving Week Stuffed With Economic News
- Black Friday Deals May Not Signal Retail Comeback
- Victoria's Secret Hopes to Rekindle Desire for Lingerie
- UPS Sets New Rates For 2010
- Wall Street Jobs Slow to Return Despite Record Profits
- Investors to Goldman: Be Less Greedy
- Senate Panel to Mull Bernanke Nomination On Dec. 3
- $6M Verdict Upheld in McDonald's Strip Search Case
RSS FEED
CNBC Stock Blog
Text Size 
Airline stocks are up again as oil prices drop for the fifth straight day, and options traders are betting that American Airlines (AMR) will go even higher.
Fast and large options orders have been placed this morning, with 14,500 calls trading against 487 puts. Buying was focused particularly on the February 9 and January 10 calls as AMR [AMR
Loading...
()
] was trading at $8.29, according to OptionMonster's tracking systems, which identify unusual options activity.
A block of 2,500 February 9 calls (AMRBL) went off at $1.75, as well as blocks of 416 and 654 at $1.70. I also see blocks of 550, 491, 707, and 454 contracts hitting for $1.05 at the January 10 call strike (AMRAB).
Disclosures:
I am long on AMR.
___________________________
AMR Competes With:
Continental Airlines [CAL
Loading...
()
]
Delta Air Lines [DAL
Loading...
()
]
United Airlines [UAUA
Loading...
()
]
US Airways [LCC
Loading...
()
]
___________________________
Jon 'DRJ' Najarian is a professional investor, CNBC contributor, and cofounder of OptionMonster.
___________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes