Call Buying Activity Continues in American Airlines (AAL), Highlight Speculative Bullish Sentiment Ahead of Earnings Next Week -Susquehanna

Susquehanna options strategist Alison Edwards notes continued call buying in American Airlines (NASDAQ: AAL), as an investor purchased 12k Nov 34 Calls for ~$1.05 over the course of the morning. An investor also bought 2.5k Jan 38 Calls. Today’s trading follows yesterday’s buying of Oct 34c, Nov 39c, and Jan 38c. The Nov positioning may be driven by next week’s earnings, implying a speculatively bullish sentiment.

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